Search Results - subject:"STORM"

Identifying State Dependence in Brand Choice : Evidence from Hurricanes

Levine, Julia; Seiler, Stephan - 2022

We analyze structural state dependence in brand choice using variation from brand switching during stock-outs caused by hurricanes. We derive a simple test for structural state dependence based on the time-series of choice persistence for households affected by the stock-outs. Using data from...

Persistent link: https://www.econbiz.de/10014078199

How Hurricanes Sweep Up Housing Markets : Evidence from Florida

Zivin, Joshua S. Graff; Liao, Yanjun; Panassie, Yann - 2022

This paper examines the impacts of hurricanes on the housing market and the associated implications for local population turnover. We first characterize the post-hurricane equilibrium dynamics in local housing markets using microdata from Florida during 2000-2016. Our results show that...

Persistent link: https://www.econbiz.de/10014239435

Natural disasters and local government finance : evidence from Typhoon Haiyan

Capuno, Joseph J.; Corpuz, Jose; Lordemus, Samuel - 2022

Persistent link: https://www.econbiz.de/10013282661

Storm CAT Bond : Modeling and Valuation

Huang, Shimeng; Zhang, Jinggong; Zhu, Wenjun - 2022

climate change. This leads to rising storm catastrophe risks to the property-casualty insurance and reinsurance sector. In … this paper, we propose an index-based storm catastrophe (CAT) bond for reinsurers to hedge catastrophe risks related to … storm losses. Storm loss data have a large portion of zero values and a continuous positive right-skewed distribution …

Persistent link: https://www.econbiz.de/10013322647

How Hurricanes Sweep Up Housing Markets : Evidence from Florida

Liao, Yanjun; Zivin, Joshua S. Graff; Panassie, Yann - 2022

This paper studies the impact of hurricanes on housing markets and population turnover using microdata from Florida during 2000-2016. We find that hurricanes cause a temporary increase in home prices and a concurrent decrease in transactions, which together imply a negative transitory shock to...

Persistent link: https://www.econbiz.de/10013290044

Household Financial Decision-Making after Natural Disasters : Evidence from Hurricane Harvey

Del Valle, Alejandro; Scharlemann, Therese C.; Shore, … - 2022

dramatically reduced households’ storm-related liquidity use. Flooded borrowers in homes subject to this type of physical hardening …

Persistent link: https://www.econbiz.de/10013293229

The Role of Information in the Market Response to Flood Risk : Hurricane Katrina and the New Jersey Coast

Muller, Nicholas Z.; Hopkins, Caroline A. - 2022

This study uses hedonic property models to explore how coastal real estate markets subject to heterogeneous information treatments respond to flood risk. We identify reactions to flood risk, distinctly from price effects due to flood damage, by examining non-local flooding events. Utilizing a...

Persistent link: https://www.econbiz.de/10013299922

Weather the storms? : hurricanes, technology and oil production

Brannlund, Johan; Dunbar, Geoffrey; Ellwanger, Reinhard; … - 2022 - Last updated: August 9, 2022

Do technological improvements mitigate the potential damages from extreme weather events? We address this question using oil production and hurricane data from the Gulf of Mexico. We show that hurricane activity lowers well production and that stronger storms have larger impacts that persist for...

Persistent link: https://www.econbiz.de/10013335013

Does Corporate Insider Trading Predict Natural Disaster Outcomes? Evidence from Tropical Storms in the US

Malik, Ihtisham; Hodgson, Allan; Faff, Robert W.; … - 2022

cumulative abnormal returns following insider trades as a proxy for ex-ante information cues in pre and post-storm periods. We … find that tropical-storm related information provides profitable trading opportunities for corporate insiders, notably …. During periods of high storm uncertainty, investors should pay close attention to insider trades to garner potential (actual …

Persistent link: https://www.econbiz.de/10013307014

Dynamic modeling of public and private decision-making for hurricane risk management including insurance, acquisition, and mitigation policy

Guo, Cen; Nozick, Linda K.; Brown-Kruse, Jamie Lynette; … - In: Risk management and insurance review 25 (2022) 2, pp. 173-199

Persistent link: https://www.econbiz.de/10013275453