[图书][B] How Does Climate Change Interact with the Financial System?: A Survey
K Furukawa, H Ichiue, N Shiraki - 2020 - boj.or.jp
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 …
associated with a growing intensity and frequency of natural disasters, and the financial …
Climate change and commercial real estate: Evidence from Hurricane Sandy
We study how professional investors capitalize flood risk in commercial real estate (CRE)
markets after hurricane Sandy. We show that New York CRE exposed to flood risk trades at …
markets after hurricane Sandy. We show that New York CRE exposed to flood risk trades at …
Geographies of securitized catastrophe risk and the implications of climate change
L Johnson - Economic Geography, 2014 - Taylor & Francis
This article analyzes the drivers and implications of catastrophe bonds' growing popularity
as an alternative asset class. As investor demand for bonds outpaces their supply from …
as an alternative asset class. As investor demand for bonds outpaces their supply from …
[图书][B] Is physical climate risk priced? Evidence from regional variation in exposure to heat stress
We exploit regional variations in exposure to heat stress to study if physical climate risk is
priced in municipal and corporate bonds as well as in equity markets. We find consistent …
priced in municipal and corporate bonds as well as in equity markets. We find consistent …
Climate finance
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 …
financial markets. We first discuss various approaches to incorporating climate risk in …
Climate finance
H Hong, GA Karolyi… - The Review of Financial …, 2020 - academic.oup.com
Climate finance is the study of local and global financing of public and private investment
that seeks to support mitigation of and adaptation to climate change. In 2017, the Review of …
that seeks to support mitigation of and adaptation to climate change. In 2017, the Review of …
Sea-level rise exposure and municipal bond yields
P Goldsmith-Pinkham, MT Gustafson… - The Review of …, 2023 - academic.oup.com
Municipal bond markets began pricing sea-level rise (SLR) exposure risk in 2013,
coinciding with upward revisions to worst-case SLR projections and accompanying …
coinciding with upward revisions to worst-case SLR projections and accompanying …
An appetite for yield: The anatomy of the subprime mortgage crisis
P Ashton - Environment and Planning A, 2009 - journals.sagepub.com
Whereas policy makers and industry advocates have hailed the growth of the subprime
mortgage market in the US as evidence that financial innovation can more efficiently price …
mortgage market in the US as evidence that financial innovation can more efficiently price …
Climate transition risk in US loan portfolios: Are all banks the same?
We examine banks' exposure to climate transition risk using a bottom-up, loan-level
methodology incorporating climate stress test based on the Merton probability of default …
methodology incorporating climate stress test based on the Merton probability of default …
Climate change litigation as financial risk
J Solana - Green Finance, 2020 - eprints.gla.ac.uk
Climate change litigation has been increasing rapidly and steadily for the past ten years, yet
our understanding of the costs associated with this litigation are still very poor: policy …
our understanding of the costs associated with this litigation are still very poor: policy …