Showing 61 - 70 of 98,819
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
of climate change manifest. We study how the cost of hedging disaster risk changes home prices by utilizing a 2012 law … level rise, suggesting that insurance pricing can accelerate the incorporation of climate risk in asset markets. Our results …
Persistent link: https://www.econbiz.de/10014236806
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
The paper analyzes the impact of natural disasters on per-capita GDP growth. Using a quantile regressions and growth-at-risk … average. We find that countries that have in place disaster preparedness mechanisms and lower public debt have lower … probability of witnessing a significant drop in growth as a consequence of a natural disaster, but our innovative methodology in …
Persistent link: https://www.econbiz.de/10013306749
used in risk assessments to estimate extent of and damages from flooding and erosion. Further, such flood risk models can … then include the effects of ecosystems, such as mangroves, to model the effects on risk of conservation and restoration …
Persistent link: https://www.econbiz.de/10014457899
ecosystems play in reducing risk to coastal communities now and with future sealevel rise. These analyses were used to inform … post-disaster reconstruction and coastal resilience building efforts as well as climate change adaptation strategies. Our … goal is to quantify the role that coastal habitat plays in reducing risk to people and shoreline under current conditions …
Persistent link: https://www.econbiz.de/10014458507
concerning catastrophic risk management policies in agriculture based on a survey addressed to both groups. Respondents were … farmers’ insurance to bear the costs. The results indicate that citizens generally accept public spending on agricultural risk … management, either through some ex post disaster aid or through subsidised insurance. Farmers’ preferences were generally aligned …
Persistent link: https://www.econbiz.de/10014423572
Combining a rich database on natural hazards, granular flood risk maps and detailed information on firm geolocalisation … destruction' hypothesis proposed by the natural disaster literature. …
Persistent link: https://www.econbiz.de/10013503745
, suggesting that this risk is somewhat unpredictable and undiversifiable. Furthermore, geographic dispersion increases firms …
Persistent link: https://www.econbiz.de/10014256746
damages (including fatalities). The paper also includes a discussion of risk reduction options and the use of such measures as …
Persistent link: https://www.econbiz.de/10014168177