We show that weather-related natural disasters in the United States significantly weaken the
financial stability of banks with business activities in affected regions. This is reflected in …

We identify the effect of climate change-related regulatory risks on credit reallocation, Our
evidence suggests that effects depend borrower's region, Following an increase in salience …

We document the investment and financing decisions of firms that experience monetary
losses due to extreme weather events. Our sample covers firms operating in 41 economies …

We study how syndicated lending networks propagate natural disasters. Natural disasters
lead to an increase in corporate credit demand in affected regions. Banks meet the increase …

The increasing frequency and intensity of catastrophic natural disasters have the potential to
stress and imperil banks to the point of compromised viability or even bankruptcy. Using …

We survey the growing literature on the interaction between climate change, which is likely
associated with a growing intensity and frequency of natural disasters, and the financial …

This paper reviews the literature on banks, climate change, and the global shift towards a
low-carbon economy. I first examine the contribution of banks to climate change mitigation …

We document that the quasi-mandatory US flood insurance program reduces mortgage
lending along both the extensive and intensive margins. We measure flood insurance …

What are the aggregate effects of deposit shocks? Using the granular-instrumental-variable
methodology, we identify the deposit elasticity of economic growth as 0.87 and the money …

We study the local economic impacts of extreme weather events and the role of local finance
in economic resilience. We use data on the physical intensities of extreme wind and …