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- W3041796002 abstract "This research studies the effect of regional natural hazard risk to expected rates of return. I construct a novel proxy to measure regional natural hazard risk for states in the U.S. To construct firm-specific natural hazard risk, I identify all U.S. states that are economically relevant to firms and link this to the state-specific risk. I find some evidence that regional natural hazard risk can positively predict cross-sectional stock returns, but the explanatory power is limited." @default.
- W3041796002 created "2020-07-16" @default.
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- W3041796002 date "2020-05-01" @default.
- W3041796002 modified "2023-09-27" @default.
- W3041796002 title "Natural Hazard Risk and the Effect on Future Stock Returns" @default.
- W3041796002 hasPublicationYear "2020" @default.
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