Individual risk preference may change after experiencing external socio-economic or natural shocks. Theoretical … predictions and empirical studies suggest that risk taking may increase or decrease after experiencing shocks. So far the … whether experiencing financial and health-related damage caused by storms affects risk preference of individuals in Germany …

Der Klimawandel birgt sowohl Risiken für den Wert unterschiedlicher Finanzanlagen als auch die Stabilität des …

perturbation theory to derive an approximate tractable expression for this cost adjusted for climatic and economic risk. We allow … for different aversion to risk and intertemporal fluctuations, skewness and dynamics in the risk distributions of climate …

results. To shed a light on these questions, we analyse a sample of 69 transition risk metrics delivered by 9 different … climate transition risk providers and covering the 1,500 firms of the MSCI World index. Our findings show that convergence … between metrics is significantly higher for the firms most exposed to transition risk. We also show that metrics with similar …

2012 and 2014, each among more than 6,000 German households, we analyze the determinants of individual risk perception … associated with three kinds of natural hazards: heat waves, storms, and floods. Our focus is on the role of objective risk … are strong drivers of individual risk perception. …

different types of disasters, the effect of changing disaster risk so far has largely been neglected. In this paper we study the … effect of hurricane risk on individual self-reported life satisfaction. In order to do so we combine geo-referenced survey … we construct time-varying indicators of hurricane risk on the zip-code-level for the period of 2010 to 2018, based on …

important data gap. We focus on German banks and measure their exposure to climate risk using CO2 emissions reported for German … bank risk, and investigate the concentration of emissions, companies, and plants within the portfolios of German banks …

foreseeable future. Climate risk is therefore increasingly recognized as an important factor by policy makers, the investment … to climate risk, and there is an increasing interest to understand the impact of climate risk on the value of commercial … mitigates the effects, an indication that lenders incorporate flood risk information in the underwriting process …