How Long to Read Climate Disaster Risks – Empirics and a Multi-Phase Dynamic Model

By Stefan Mittnik

How Long Does it Take to Read Climate Disaster Risks – Empirics and a Multi-Phase Dynamic Model?

It takes the average reader and 48 minutes to read Climate Disaster Risks – Empirics and a Multi-Phase Dynamic Model by Stefan Mittnik

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

Description

Recent research in financial economics has shown that rare large disasters have the potential to disrupt financial sectors via the destruction of capital stocks and jumps in risk premia. These disruptions often entail negative feedback e?ects on the macroecon-omy. Research on disaster risks has also actively been pursued in the macroeconomic models of climate change. Our paper uses insights from the former work to study disaster risks in the macroeconomics of climate change and to spell out policy needs. Empirically the link between carbon dioxide emission and the frequency of climate re-lated disaster is investigated using cross-sectional and panel data. The modeling part then uses a multi-phase dynamic macro model to explore this causal nexus and the e?ects of rare large disasters resulting in capital losses and rising risk premia. Our proposed multi-phase dynamic model, incorporating climate-related disaster shocks and their aftermath as one phase, is suitable for studying mitigation and adaptation policies.

How long is Climate Disaster Risks – Empirics and a Multi-Phase Dynamic Model?

Climate Disaster Risks – Empirics and a Multi-Phase Dynamic Model by Stefan Mittnik is 47 pages long, and a total of 12,079 words.

This makes it 16% the length of the average book. It also has 15% more words than the average book.

How Long Does it Take to Read Climate Disaster Risks – Empirics and a Multi-Phase Dynamic Model Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 6 minutes to read Climate Disaster Risks – Empirics and a Multi-Phase Dynamic Model aloud.

What Reading Level is Climate Disaster Risks – Empirics and a Multi-Phase Dynamic Model?

Climate Disaster Risks – Empirics and a Multi-Phase Dynamic Model 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 Climate Disaster Risks – Empirics and a Multi-Phase Dynamic Model?

Climate Disaster Risks – Empirics and a Multi-Phase Dynamic Model by Stefan Mittnik 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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