Cortina, Magdalena; Madeira, Carlos - In: Latin American journal of central banking : LAJCB 4 (2023) 2, pp. 1-16
We estimate real estate's exposure in Chile to five weather risks, including labor productivity loss due to heat, fires … properties of 39% for Chile and 51%, 36%, 36% and 27% for the Central, North, Metropolitan and South macrozones, respectively …. Flooding is the greatest risk for Chile, followed by drought. We find that the CIE source underestimates the climate exposures …