Cross-sectional tests of asset returns have a long tradition in finance. The often-used capital asset pricing model (CAPM) and the arbitrage pricing theory both imply cross-sectional relationships between individual asset returns and other factors, and tests of those models have done much to...

It is a virtual certainty that sea-level rise will continue throughout the century and beyond 2100 even if greenhouse gas emissions are stabilized in the near future. Understanding the economic impacts of salinity intrusion thus is essential for planning adaptation in low-lying coastal areas...

This paper quantifies the impact of inundation risk and salinization on the family structure and economic welfare of coastal households in Bangladesh. These households are already on the"front line"of climate change, so their adaptation presages the future for hundreds of millions of families...

The potentially-adverse impact of salinity on paved roads is well-established in the engineering literature. The problem seems destined to grow, as climate-related changes in sea level and riverine flows drive future increases in groundwater salinity. However, data scarcity has prevented...

Bangladesh, with two-thirds of its land area less than five meters above sea level, is one of the most climate-vulnerable countries in the world. Low-lying coastal districts along the Bay of Bengal are particularly vulnerable to sea level rise, tidal flooding, storm surges, and climate-induced...

Household air pollution is the second leading cause of disease in Madagascar, where more than 99 percent of households rely on solid biomass, such as charcoal, wood, and crop waste, as the main cooking fuel. Only a limited number of studies have looked at the emissions and health consequences of...

Habitat conservation is critical to the survival of endangered tigers. This paper develops a resource-allocation model for the protection of tiger habitats, using information on threats to particular tiger subspecies, the quality of remaining habitat areas, the observed effectiveness of habitat...

Scientific evidence indicates that global warming could well lead to a sea-level rise of 1 meter or more in the 21st century. This paper seeks to quantify how a 1-meter sea-level rise that would affect coastal wetlands in 76 developing countries and territories, taking into account how much of...

This paper investigates the effectiveness of protected areas in slowing tropical forest clearing in 64 countries in Asia/Pacific, Africa, and Latin America for the period 2001-2012. The investigation compares deforestation rates inside and within 10 kilometers outside the boundary of protected...

As the wild tiger population in tropical Asia dropped from about 100,000 to 3,500 in the last century, the need to conserve tiger habitats poses a challenge for the Global Tiger Recovery Program. This paper develops and uses a high-resolution monthly forest clearing database for 74 tiger habitat...