Extreme Weather Events and Climate Change: Economic Impacts and Adaptation Policies

S Ferreira - Annual Review of Resource Economics, 2024 - annualreviews.org
This article reviews the literature on the economic impacts of disasters caused by extreme
weather and climate events to draw lessons on how societies can better manage these risks …

Mismeasuring risk: The welfare effects of flood risk information

P Mulder - Available at SSRN 4966795, 2024 - papers.ssrn.com
I study the effect of risk-based flood insurance pricing on welfare and climate damages in the
US I estimate my results with flood insurance policy data and a novel survey measuring …

The Economics of the Global Energy Challenge

M Greenstone - AEA Papers and Proceedings, 2024 - pubs.aeaweb.org
This lecture argues that, rather than facing an isolated climate change challenge, the world
must confront the Global Energy Challenge (GEC) that requires all countries to make trade …

Perilous flood risk assessments

J Weill - Available at SSRN 4143914, 2022 - papers.ssrn.com
Flooding is among the costliest natural disasters in the United States. Although the federal
government provides floodplain boundary maps and subsidizes insurance, demand remains …

Flood risk mapping and the distributional impacts of climate information

J Weill - 2023 - papers.ssrn.com
This paper examines the provision of official flood risk information in the United States and
its distributional impacts on residential flood insurance take-up. Assembling new data on all …

Economic Value of Flood Forecasts and Early Warning Systems: A Review

G Van Houtven - Natural Hazards Review, 2024 - ascelibrary.org
As population growth, economic development, and climate change increase the risks of
inland flooding across the US and worldwide, a range of flood mitigation approaches must …

Expecting climate change: A nationwide field experiment in the housing market

D Fairweather, ME Kahn, RD Metcalfe, SS Olascoaga - 2024 - nber.org
Climate change presents new risks for property in the United States. Due to the high cost
and sometimes unavailability of location-specific property risk data, home buyers can greatly …

The social value of predicting hurricanes

R Molina, I Rudik - 2022 - papers.ssrn.com
Hurricanes are among the costliest natural disasters in the world, with a significant portion of
their impact linked to the accuracy of their forecasts. In this paper, we estimate the economic …

Adaptation to climate change

T Carleton, E Duflo, BK Jack, G Zappalà - Handbook of the Economics of …, 2024 - Elsevier
Mounting costs of anthropogenic climate change reveal that adaptation will be essential to
human well-being in coming decades. At the same time, the literature on the economics of …

High-dimensional forecasting with known knowns and known unknowns

MH Pesaran, RP Smith - National Institute Economic Review, 2024 - cambridge.org
Forecasts play a central role in decision-making under uncertainty. After a brief review of the
general issues, this article considers ways of using high-dimensional data in forecasting. We …