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fiscal policy efforts such as ad hoc fiscal rebalancing and reprioritization. The findings help better customize disaster … preparedness and mitigation efforts to countries' risk exposure along a particular loss dimension …
Persistent link: https://www.econbiz.de/10012942333
, particularly on how the response to a risk behaves in the presence of others. Corresponding risk measures were applied. …
Persistent link: https://www.econbiz.de/10011512981
risk premium, with the overall equity premium depending on the volatility of the stochastic process that governs climate … change risk. Transition risks lower substantially the participation of carbon intensive assets in the market portfolio, which …
Persistent link: https://www.econbiz.de/10014108526
impacted than Growth stocks. As a consequence, we conclude that Value stocks are more prone to disaster risk than Growth stocks … risk vary across decile portfolios of stocks sorted by market equity (ME) and book-to-market equity ratio (BE/ME). Abnormal … returns, illiquidity and tail risk are negatively related to firm size, with small-firm stocks exhibiting a larger negative …
Persistent link: https://www.econbiz.de/10012966483
Italy is notoriously prone to natural hazards and disaster risk due to its peninsular and mountainous conformation. The … on the regional economy. Research of this type makes it possible to inform operative disaster risk reduction schemes and … limited risk prevention and legacy of uncontrolled urban expansion contribute to amplifying the risks and their impacts …
Persistent link: https://www.econbiz.de/10013021149
disaster risk reduction (DRR), one that would replace the Hyogo Framework for Action (HFA) 2005-2015 …
Persistent link: https://www.econbiz.de/10013025481
techniques on yearly summed data. Using EM-DAT data, we enrich the analysis of natural disasters' risk by characterizing the … normalization procedure to control for exposure (e.g. number and value of assets at risk, inflation), so to ensure spatial and …
Persistent link: https://www.econbiz.de/10012914006
. Finally, we find that firms with owners who are worried about climate change increased their risk financing following Harvey …. Our analyses provide novel insights into firms' risk management and financing choices …
Persistent link: https://www.econbiz.de/10013242428
This paper proposes an application of the analytical path assembled within my PhD research on Disaster Risk Creation … challenges, for spatial planning and disaster risk management, in understanding, evaluating, and addressing Disaster Risk (DR … methodological approach benefits from well-established theoretical models of causal analysis of Disaster Risk Creation processes as …
Persistent link: https://www.econbiz.de/10013488591
risk aversion is assumed, a "tyranny of catastrophic risk" (TCR) emerges, i.e., project evaluation may be dominated by the … catastrophic event even if its probability is negligibly small. With low degrees of risk aversion, however the catastrophic risk …
Persistent link: https://www.econbiz.de/10013138303