Showing 91 - 100 of 134,484
-term transition scenarios, we document a significant variance among banks in their risk exposure, with the most exposed institutions …
Persistent link: https://www.econbiz.de/10014558804
that, even conditional on the net-zero 2050 scenario, there remains a significant risk of elevated temperatures for at …
Persistent link: https://www.econbiz.de/10013363649
We study a commons problem under uncertainty, where individual actions affect the risk of a future damage event. We … show that for risk-averse agents, an extra risk on the amount of the damage induces more precautionary actions in Nash … equilibrium. Similarly, for prudent agents an extra risk in all states of the world induces more precautionary actions in Nash …
Persistent link: https://www.econbiz.de/10013341972
ecosystems play in reducing risk to coastal communities now and with future sealevel rise. These analyses were used to inform … goal is to quantify the role that coastal habitat plays in reducing risk to people and shoreline under current conditions … more than double, and the total population would nearly triple in The Bahamas. Similarly, the population living along high-risk …
Persistent link: https://www.econbiz.de/10014458507
We propose and implement a method to identify shocks to transition risk, addressing key challenges regarding its … risk in the United States. These shocks have important aggregate effects, also inducing financial instability. They are …
Persistent link: https://www.econbiz.de/10014227599
This paper identifies individual and regional risk factors for hospitalizations caused by heat within the German …
Persistent link: https://www.econbiz.de/10014230151
on the size of the mortality risk reduction valued by the respondent, for an average of € 1.6 million. …
Persistent link: https://www.econbiz.de/10014531376
-implied credit risk across various time horizons. Findings show that firms with higher GHG emissions have higher CDS spreads at all … exposure to transition risk for a firm across different time horizons. However, it fails to account for a company's efforts to … to risk-differentiate ETS-participating firms from other firms. …
Persistent link: https://www.econbiz.de/10014283743
This paper analyzes how firm-specific uncertainty affects firms’ propensity to invest. We measure firm-specific uncertainty as firms’ absolute forecast errors derived from survey data of German manufacturing firms over 2007–2011. In line with the literature, our empirical findings reveal a...
Persistent link: https://www.econbiz.de/10011445660
This study proposes a new indicator of Climate Policy Uncertainty based on newspaper coverage frequency. The indicator currently includes 12 OECD Member Countries and covers the period 1990-2018. The index spikes near major political events and during major discussions around potentially...
Persistent link: https://www.econbiz.de/10013376912