In this article, we review the literature studying interactions between climate change and
financial markets. We first discuss various approaches to incorporating climate risk in …

With near unanimity, climate scientists project natural disasters to increase in frequency,
severity, and geographic scope over the next century. We survey academic literature at the …

Using the government-sponsored enterprises' sharp securitization rules, this paper provides
evidence that, in the aftermath of natural disasters, lenders are more likely to approve …

This paper exploits strict flood insurance coverage limits and staggered flood map updates
to show that mortgage lenders offload flood risk to the government through flood insurance …

Flooding is the most costly natural disaster faced by US households, yet policymakers are
puzzled by the low take-up rates for flood insurance. Leveraging novel transaction-level …

I study the effect of risk-based flood insurance pricing on welfare and climate damages in the
US I estimate my results with flood insurance policy data and a novel survey measuring …

We develop a new dataset to study homeowners insurance. Our data on over 47 million
observations of households' property insurance expenditures from 2014-2023 are inferred …

We develop an additive Cox proportional hazard model with time-varying covariates,
including spatio-temporal characteristics of weather events, to study the impact of weather …

This paper explores private equity real estate fund performance and voluntary
environmental, social, and governance (ESG) disclosures. Using data from the National …

Environmental, social, and governance (ESG) measures continue to grow in both academic
and industry relevance. This review focuses on the commercial real estate literature related …