A review of the financial sector impacts of risks associated with climate change

F Zhou, T Endendijk, WJW Botzen - Annual Review of Resource …, 2023 - annualreviews.org
This article reviews the literature on the financial sector impacts of natural disasters and
physical climate change risks, covering banking, insurance, stock markets, bond markets …

Unpriced climate risk and the potential consequences of overvaluation in US housing markets

JD Gourevitch, C Kousky, Y Liao, C Nolte… - Nature Climate …, 2023 - nature.com
Climate change impacts threaten the stability of the US housing market. In response to
growing concerns that increasing costs of flooding are not fully captured in property values …

Climate change risk and the cost of mortgage credit

DD Nguyen, S Ongena, S Qi, V Sila - Review of Finance, 2022 - academic.oup.com
We show that lenders charge higher interest rates for mortgages on properties exposed to a
greater risk of sea level rise (SLR). This SLR premium is not evident in short-term loans and …

Neglected no more: Housing markets, mortgage lending, and sea level rise

BJ Keys, P Mulder - 2020 - nber.org
In this paper, we explore dynamic changes in the capitalization of sea level rise (SLR) risk in
housing and mortgage markets. Our results suggest a disconnect in coastal Florida real …

A literature review of environmental, social, and governance (ESG) in commercial real estate

S Robinson, MG McIntosh - Journal of real estate literature, 2022 - Taylor & Francis
Environmental, social, and governance (ESG) measures continue to grow in both academic
and industry relevance. This review focuses on the commercial real estate literature related …

[PDF][PDF] Who bears flood risk? Evidence from mortgage markets in Florida

P Sastry - Woriking Paper, 2021 - bankofengland.co.uk
This paper exploits strict flood insurance coverage limits and staggered flood map updates
to show that mortgage lenders offload flood risk to the government through flood insurance …

Sustainability and private equity real estate returns

A Devine, A Sanderford, C Wang - The Journal of Real Estate Finance and …, 2024 - Springer
This paper explores private equity real estate fund performance and voluntary
environmental, social, and governance (ESG) disclosures. Using data from the National …

[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 …

Climate gentrification: Valuing perceived climate risks in property prices

JJ Thompson, RL Wilby, JK Hillier… - Annals of the …, 2023 - Taylor & Francis
There is growing evidence that physical climate hazards—such as floods and wildfires—
affect property prices. Climate change scenarios suggest more frequent and severe physical …

[HTML][HTML] Natural disasters and market manipulation

M Akter, D Cumming, S Ji - Journal of Banking & Finance, 2023 - Elsevier
Natural disasters exacerbate swings in investor sentiment and information asymmetry. As
such, we propose natural disasters enable more frequent and severe market manipulation …