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Man’s history and developmental endeavour have been advancing alongside a trail of ecological ramifications and climate change. Since prehistoric times, scientists have not recorded an accelerated shift in ecology during any other epoch beside that of modern man on the planet. The paper seeks...
Persistent link: https://www.econbiz.de/10014262994
The costs of coastal sector impacts from sea level rise (SLR) are an important component of the total projected economic damages of climate change, a major input to decision-making and design of climate policy. Moreover, the ultimate costs to coastal resources will depend strongly on adaptation,...
Persistent link: https://www.econbiz.de/10011290821
Climate change scenarios predict an increase of extreme rain events, which will increase the risk of wastewater flooding and of missing legal water quality targets. This study elicits the willingness to pay to reduce ecological and health risks from combined sewer overflows (CSOs) in rivers and...
Persistent link: https://www.econbiz.de/10014161659
efficient public adaptation. Based on this framework, we illustrate how Germany's response to major flood disasters reflects the …
Persistent link: https://www.econbiz.de/10011455349
coasts. We document nine stylized facts, including a sizeable rise in the share of coastal housing built on flood-prone land …
Persistent link: https://www.econbiz.de/10012494117
coasts. We document nine stylized facts, including a sizeable rise in the share of coastal housing built on flood-prone land …
Persistent link: https://www.econbiz.de/10012499611
I study the implications of climate change and adaptation on housing and income, and wealth. I embed climate change in a redistributive growth model by introducing exposure of households and firms to extreme weather events, that damage their housing capital and physical capital, respectively....
Persistent link: https://www.econbiz.de/10014233371
floods for bank capital. For a set of 38 adverse scenarios, we estimate that flood-related property damages lead to capital … subject to a number of assumptions. If climate change continues, more frequent floods or flood-related macrofinancial …
Persistent link: https://www.econbiz.de/10014450613
This paper argues that major gaps exist in the research and policy understanding of the intersection of flood risk … potential magnitude and complexity of future flood impacts on house prices could be considerably greater than existing research …
Persistent link: https://www.econbiz.de/10013093489
The economy-wide implications of sea level rise in 2050 are estimated using a static computable general equilibrium model. Overall, general equilibrium effects increase the costs of sea level rise, but not necessarily in every sector or region. In the absence of coastal protection, economies...
Persistent link: https://www.econbiz.de/10011603535