Climate finance

S Giglio, B Kelly, J Stroebel - Annual review of financial …, 2021 - annualreviews.org
In this article, we review the literature studying interactions between climate change and
financial markets. We first discuss various approaches to incorporating climate risk in …

The economics of wildfire in the United States

J Bayham, JK Yoder, PA Champ… - Annual Review of …, 2022 - annualreviews.org
Wildfire is a natural phenomenon with substantial economic consequences, and its
management is complex, dynamic, and rife with incentive problems. This article reviews the …

Climate change and long-run discount rates: Evidence from real estate

S Giglio, M Maggiori, K Rao, J Stroebel… - The Review of …, 2021 - academic.oup.com
We show that housing markets provide information about the appropriate discount rates for
valuing investments in climate change abatement. Real estate is exposed to both …

[PDF][PDF] The local economic impact of natural disasters

BR Tran, DJ Wilson - 2020 - frbsf.org
We study the dynamic responses of local economies after natural disasters in the US using
county-level data over the past four decades. We find disasters increase income total and …

[HTML][HTML] The regional economic impact of wildfires: Evidence from Southern Europe

S Meier, RJR Elliott, E Strobl - Journal of Environmental Economics and …, 2023 - Elsevier
We estimate the impact of wildfires on the growth rate of gross domestic product (GDP) and
employment of regional economies in Southern Europe from 2011 to 2018. To this end we …

Long-term trends in wildfire damages in California

H Buechi, P Weber, S Heard, D Cameron… - … journal of wildland …, 2021 - CSIRO Publishing
In 2017 and 2018, wildfires in California burned millions of hectares and caused billions of
dollars in structure damages. This paper puts these recent fires in a long-term historical …

Moral hazard, wildfires, and the economic incidence of natural disasters

P Baylis, J Boomhower - 2019 - nber.org
This study measures the degree to which large public expenditures on wildfire protection
subsidize development in harm's way. Using administrative firefighting data, we calculate …

[PDF][PDF] Mismeasuring risk: The welfare effects of flood risk information

P Mulder - URL https://faculty. wharton. upenn. edu/wp-content …, 2021 - blogs.baylor.edu
Rapidly improving data and models are giving homeowners more information about their
disaster risk while also increasing insurance premiums for the highest risk homes. In this …

Do environmental disasters affect human capital? The threat of forest fires

J Paudel - Economics of Education Review, 2023 - Elsevier
Although the threat of forest fires is prevalent across the globe, there exists limited empirical
evidence on how such environmental disasters influence access and equity in educational …

Climate change and individual behavior

R Bernard, P Tzamourani, M Weber - Chicago Booth Research …, 2023 - papers.ssrn.com
We study the causal effect of providing information about climate change on individuals'
willingness to pay to offset carbon emissions in a survey experiment. Receiving truthful …