Economic theory suggests that the presence of undiversifiable background risks influences household portfolio choices. Households face significant location-specific background risks due to sea level rise (SLR). Using detailed local variation in SLR exposure and disaggregated geographic...

This paper studies how having your home damaged or destroyed by a natural disaster impacts on economic and financial outcomes. Our context is Australia, where disasters are frequent. Estimates of regression models with individual, area and time fixed-effects, applied to 10 waves of data...

Enhancement of rice production efficiency in developing countries is important to improve the livelihoods of farmers and to ensure global food security for a growing population. Despite significant progress in recent decades, rice production in these countries is facing multiple challenges from...

To understand retail investor demand for sustainable assets, I estimate carbon footprints for 6,151 investors by linking their administrative consumption data to product-level carbon intensities. I show that compensation motives drive investments in low-emission assets and formally rule out...

This paper explores the impact of extreme weather exposures on the financial outcomes of low-income households. Using a novel dataset comprising individual-level payday loan applications and loan-level information, we find that extreme temperature days-both hot and cold-lead to surges in demand...

The role of digital financial inclusion in economic development has been widely appreciated, and its carbon emission mitigating effect on the household sector needs to be noticed. This study investigates the impact of digital financial inclusion on household carbon emissions based on panel data...

According to rational choice theory, preference orderings should be invariant with respect to the elicitation procedure. The contingent trade-off model (Tversky et al., 1988), however, argues that if an attribute of decision alterna-tives is also used as response mode (scale compatibility), then...

This study empirically identifies dimensions of behaviour that are distinct in terms of the extent to which people act pro-environmentally. Three dimensions are identified, relating to at-home, transport-related and purchasing behaviour. The correlation between behaviour in each dimension is...

This paper exploits a new large data source on environmental behaviours and attitudes of people living in the UK to analyse to what extent the household context affects pro- environmental behaviours at the individual and household levels. The results suggest that singles and people living in...

The environmental concern of people in industrialized and developing countries is analysed. Using the 2010-2014 wave of the World Value Survey (WVS), the main purpose of our analysis is to investigate the effect of different information sources on the affective, conative and behavioural...