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We estimate how acute air pollution exposure from wildfire smoke impacts human health in the U.S., allowing for nonlinear effects. Wildfire smoke is pervasive and produces air quality shocks of varying intensity, depending on wind patterns and plume thickness. Using administrative Medicare...
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As climate risk escalates, property insurance is critical to reduce the risk exposure of households and firms and to aid recovery when disasters strike. To perform these functions efficiently, insurers need to access high quality information about disaster risk and set prices that accurately...
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This study provides a comprehensive understanding of the Great Fire's effects on London's economic geography. Our analysis reveals both continuity and change. There was a swift postfire recovery accompanied by some shift in economic activity towards the City of Westminster by 1690, with markets...
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How are financial markets responding to anticipated climate-driven wildfire risk increases? Combining high-resolution meteorological predictions and land use pattern maps with detailed US municipal bond data, this paper finds that municipalities facing higher future wildfire risk increases are...
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