How Long to Read Bank Stress Testing of Physical Risks Under Climate Change Macro Scenarios: Typhoon Risks to the Philippines

How Long Does it Take to Read Bank Stress Testing of Physical Risks Under Climate Change Macro Scenarios: Typhoon Risks to the Philippines?

It takes the average reader and 50 minutes to read Bank Stress Testing of Physical Risks Under Climate Change Macro Scenarios: Typhoon Risks to the Philippines by Stephane Hallegatte

Assuming a reading speed of 250 words per minute. Learn more

Description

Bank stress tests of climate change risks are relatively new, but are rapidly proliferating. The IMF and World Bank staff collaborated to develop an experimental macro scenario stress testing approach to examine physical risks for banks by building a dynamic stochastic general equilibrium model linked to global climate and a catastrophe risk model specifically for the Philippines. Our model shows that the impact of extremely rare typhoons on GDP could already be systemic and worsen substantially with climate change. However, bank capital declines only modestly unless the event is compounded with other disasters, partly thanks to the strength of Philippines’ banks and economy before the COVID crisis. However, more work is needed before drawing strong conclusions about the relevance of climate risk, as the model focused only on typhoons’ physical capital destructions and their macroeconomic-level transmissions to banks.

How long is Bank Stress Testing of Physical Risks Under Climate Change Macro Scenarios: Typhoon Risks to the Philippines?

Bank Stress Testing of Physical Risks Under Climate Change Macro Scenarios: Typhoon Risks to the Philippines by Stephane Hallegatte is 49 pages long, and a total of 12,691 words.

This makes it 17% the length of the average book. It also has 16% more words than the average book.

How Long Does it Take to Read Bank Stress Testing of Physical Risks Under Climate Change Macro Scenarios: Typhoon Risks to the Philippines Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 9 minutes to read Bank Stress Testing of Physical Risks Under Climate Change Macro Scenarios: Typhoon Risks to the Philippines aloud.

What Reading Level is Bank Stress Testing of Physical Risks Under Climate Change Macro Scenarios: Typhoon Risks to the Philippines?

Bank Stress Testing of Physical Risks Under Climate Change Macro Scenarios: Typhoon Risks to the Philippines is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Bank Stress Testing of Physical Risks Under Climate Change Macro Scenarios: Typhoon Risks to the Philippines?

Bank Stress Testing of Physical Risks Under Climate Change Macro Scenarios: Typhoon Risks to the Philippines by Stephane Hallegatte is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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