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Economic theory suggests that the presence of undiversifiable background risks influences household portfolio choices … measures of short-run flood risk. The observed effect of SLR exposure on household stock market participation behavior also …
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one of the most significant hazards within the Physical Risk domain, which is Flood Risk. The measurement is focused on … the prospective evolution of the flood events on a portfolio of mortgages secured by residential properties. The impact of … expected losses that result from the stressed projections. The flood risk projection is executed on a long-term timeframe …
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, focusing on sea level rise (SLR) and flood risks. Commercial mortgages are an important asset class of life insurers …
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portfolios of some federally and provincially regulated FIs. We use current and projected flood events under different climate … scenarios to apply shocks to these portfolios. We then control for private flood insurance using data from a variety of property … household leverage and lending in flood zones can exacerbate the risk that lenders face from extreme weather events. Our …
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periodic long term solutions and denote them rich and poor economies. Whereas rich economies can afford to invest in flood … defence and therefore avoid flood damage and develop high living standards, poor economies prefer consumption instead of … investing in flood defence capital and end up facing flood damages every time the water level rises. Nevertheless, they manage …
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combines real options theory, extreme value theory and risk pricing theory to provide a useful decision-support system for … catastrophic risk management. Using a case study of flood risk management for New York City, we show that ignoring seasonality …
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