Deepwater Horizon and Mortgage Lending
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Aldy, Joseph E., 2014.
"The Labor Market Impacts of the 2010 Deepwater Horizon Oil Spill and Offshore Oil Drilling Moratorium,"
RFF Working Paper Series
dp-14-27, Resources for the Future.
- Joseph E. Aldy, 2014. "The Labor Market Impacts of the 2010 Deepwater Horizon Oil Spill and Offshore Oil Drilling Moratorium," NBER Working Papers 20409, National Bureau of Economic Research, Inc.
- Aldy, Joseph E., 2014. "The Labor Market Impacts of the 2010 Deepwater Horizon Oil Spill and Offshore Oil Drilling Moratorium," Working Paper Series rwp14-037, Harvard University, John F. Kennedy School of Government.
- Esteban Rossi-Hansberg & Pierre-Daniel Sarte & Raymond Owens, 2010.
"Housing Externalities,"
Journal of Political Economy, University of Chicago Press, vol. 118(3), pages 485-535, June.
- Esteban Rossi-Hansberg & Pierre-Daniel Sarte & Raymond Owens III, 2008. "Housing Externalities," NBER Working Papers 14369, National Bureau of Economic Research, Inc.
- Klomp, Jeroen, 2014. "Financial fragility and natural disasters: An empirical analysis," Journal of Financial Stability, Elsevier, vol. 13(C), pages 180-192.
- Koetter, Michael & Noth, Felix & Rehbein, Oliver, 2020.
"Borrowers under water! Rare disasters, regional banks, and recovery lending,"
Journal of Financial Intermediation, Elsevier, vol. 43(C).
- Koetter, Michael & Noth, Felix & Rehbein, Oliver, 2019. "Borrowers under water! Rare disasters, regional banks, and recovery lending," IWH Discussion Papers 31/2016, Halle Institute for Economic Research (IWH), revised 2019.
- Paul M. Guest, 2021. "Risk Management in Financial Institutions: A Replication," Journal of Finance, American Finance Association, vol. 76(5), pages 2689-2707, October.
- Campbell, John Y. & Cocco, Joao F., 2007.
"How do house prices affect consumption? Evidence from micro data,"
Journal of Monetary Economics, Elsevier, vol. 54(3), pages 591-621, April.
- John Y. Campbell & Joao F. Cocco, 2004. "How Do House Prices Affect Consumption? Evidence From Micro F. Data," Harvard Institute of Economic Research Working Papers 2045, Harvard - Institute of Economic Research.
- John Y. Campbell & Joao F. Cocco, 2005. "How Do House Prices Affect Consumption? Evidence From Micro Data," Harvard Institute of Economic Research Working Papers 2083, Harvard - Institute of Economic Research.
- John Y. Campbell & Joao F. Cocco, 2004. "How do house prices affect consumption? Evidence from micro data," 2004 Meeting Papers 304, Society for Economic Dynamics.
- John Y. Campbell & João F. Cocco, 2005. "How Do House Prices Affect Consumption? Evidence From Micro Data," NBER Working Papers 11534, National Bureau of Economic Research, Inc.
- Campbell, John & Cocco, Joao, 2007. "How Do House Prices Affect Consumption? Evidence from Micro Data," Scholarly Articles 3122600, Harvard University Department of Economics.
- John Campbell & Joao Cocco, 2004. "How Do House Prices Affect Consumption? Evidence from Micro Data," 2004 Meeting Papers 357a, Society for Economic Dynamics.
- Stuart S. Rosenthal, 1999. "Residential Buildings And The Cost Of Construction: New Evidence On The Efficiency Of The Housing Market," The Review of Economics and Statistics, MIT Press, vol. 81(2), pages 288-302, May.
- Giovanni Dell’ariccia & Deniz Igan & Luc Laeven, 2012.
"Credit Booms and Lending Standards: Evidence from the Subprime Mortgage Market,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44, pages 367-384, March.
- Giovanni Dell’Ariccia & Deniz Igan & Luc Laeven, 2012. "Credit Booms and Lending Standards: Evidence from the Subprime Mortgage Market," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44(2‐3), pages 367-384, March.
- Mr. Giovanni Dell'Ariccia & Mr. Luc Laeven & Ms. Deniz O Igan, 2008. "Credit Booms and Lending Standards: Evidence From the Subprime Mortgage Market," IMF Working Papers 2008/106, International Monetary Fund.
- Dell’Ariccia, G. & Igan, D. & Laeven, L., 2009. "Credit Booms and Lending Standards : Evidence from the Subprime Mortgage Market," Other publications TiSEM 02d2a85a-26f4-4f3d-a892-1, Tilburg University, School of Economics and Management.
- Dell'Ariccia, Giovanni & Laeven, Luc, 2008. "Credit Booms and Lending Standards: Evidence From The Subprime Mortgage Market," CEPR Discussion Papers 6683, C.E.P.R. Discussion Papers.
- Dell’Ariccia, G. & Igan, D. & Laeven, L., 2009. "Credit Booms and Lending Standards : Evidence from the Subprime Mortgage Market," Discussion Paper 2009-46 S, Tilburg University, Center for Economic Research.
- Christy Siegel & Steven B. Caudill & Franklin G. Mixon, 2013. "Clear skies, dark waters: The Gulf oil spill and the price of coastal condominiums in Alabama," Economics and Business Letters, Oviedo University Press, vol. 2(2), pages 42-53.
- Paul S. Calem & Kevin Gillen & Susan Wachter, 2004.
"The Neighborhood Distribution of Subprime Mortgage Lending,"
The Journal of Real Estate Finance and Economics, Springer, vol. 29(4), pages 393-410, December.
- Paul S. Calem & Kevin Gillen & Susan Wachter, "undated". "The Neighborhood Distribution of Subprime Mortgage Lending," Zell/Lurie Center Working Papers 404, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania.
- Bernstein, Asaf & Gustafson, Matthew T. & Lewis, Ryan, 2019. "Disaster on the horizon: The price effect of sea level rise," Journal of Financial Economics, Elsevier, vol. 134(2), pages 253-272.
- Munnell, Alicia H. & Geoffrey M. B. Tootell & Lynn E. Browne & James McEneaney, 1996.
"Mortgage Lending in Boston: Interpreting HMDA Data,"
American Economic Review, American Economic Association, vol. 86(1), pages 25-53, March.
- Lynn E. Browne & James McEneaney & Alicia H. Munnell & Geoffrey M. B. Tootell, 1992. "Mortgage lending in Boston: interpreting HMDA data," Working Papers 92-7, Federal Reserve Bank of Boston.
- Sumit Agarwal, 2010. "Distance and Private Information in Lending," The Review of Financial Studies, Society for Financial Studies, vol. 23(7), pages 2757-2788, July.
- Allen, Kyle D. & Whitledge, Matthew D. & Winters, Drew B., 2022. "Community bank liquidity: Natural disasters as a natural experiment," Journal of Financial Stability, Elsevier, vol. 60(C).
- Markus Baldauf & Lorenzo Garlappi & Constantine Yannelis & José Scheinkman, 2020. "Does Climate Change Affect Real Estate Prices? Only If You Believe In It," The Review of Financial Studies, Society for Financial Studies, vol. 33(3), pages 1256-1295.
- Ivan T. Ivanov & Marco Macchiavelli & João A. C. Santos, 2022. "Bank lending networks and the propagation of natural disasters," Financial Management, Financial Management Association International, vol. 51(3), pages 903-927, September.
- Pauline Charnoz & Claire Lelarge & Corentin Trevien, 2018. "Communication Costs and the Internal Organisation of Multi†plant Businesses: Evidence from the Impact of the French High†speed Rail," Economic Journal, Royal Economic Society, vol. 128(610), pages 949-994, May.
- Ozgur Emre Ergungor, 2010.
"Bank Branch Presence and Access to Credit in Low- to Moderate-Income Neighborhoods,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(7), pages 1321-1349, October.
- O. Emre Ergungor, 2006. "Bank branch presence and access to credit in low-to-moderate income neighborhoods," Working Papers (Old Series) 0616, Federal Reserve Bank of Cleveland.
- Ozgur Emre Ergungor, 2010. "Bank Branch Presence and Access to Credit in Low‐ to Moderate‐Income Neighborhoods," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(7), pages 1321-1349, October.
- Garbarino, Nicola & Guin, Benjamin, 2021.
"High water, no marks? Biased lending after extreme weather,"
Journal of Financial Stability, Elsevier, vol. 54(C).
- Garbarino, Nicola & Guin, Benjamin, 2020. "High water, no marks? Biased lending after extreme weather," Bank of England working papers 856, Bank of England.
- Justin Murfin & Matthew Spiegel & Jose Scheinkman, 2020. "Is the Risk of Sea Level Rise Capitalized in Residential Real Estate?," The Review of Financial Studies, Society for Financial Studies, vol. 33(3), pages 1217-1255.
- Minhong Xu & Yilan Xu, 2020. "Environmental Hazards and Mortgage Credit Risk: Evidence from Texas Pipeline Incidents," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 48(4), pages 1096-1135, December.
- Cano-Urbina, Javier & Clapp, Christopher M. & Willardsen, Kevin, 2019. "The effects of the BP Deepwater Horizon oil spill on housing markets," Journal of Housing Economics, Elsevier, vol. 43(C), pages 131-156.
- Thomas Walker & Yixin Xu & Dieter Gramlich & Yunfei Zhao, 2022. "The impact of natural disasters on the performance and solvency of US banks," International Journal of Managerial Finance, Emerald Group Publishing Limited, vol. 19(1), pages 136-154, January.
- Choudhary, M. Ali & Jain, Anil, 2022.
"Finance and inequality: The distributional impacts of bank credit rationing,"
Journal of Financial Intermediation, Elsevier, vol. 52(C).
- M. Ali Choudhary & Anil K. Jain, 2017. "Finance and Inequality : The Distributional Impacts of Bank Credit Rationing," International Finance Discussion Papers 1211, Board of Governors of the Federal Reserve System (U.S.).
- Mark J. Garmaise & Tobias J. Moskowitz, 2009. "Catastrophic Risk and Credit Markets," Journal of Finance, American Finance Association, vol. 64(2), pages 657-707, April.
- Lelarge, Claire & Charnoz, Pauline & Trevien, Corentin, 2018. "Communication Costs and the Internal Organization of Multi-Plant Businesses: Evidence from the Impact of the French High-Speed," CEPR Discussion Papers 12585, C.E.P.R. Discussion Papers.
- Ottar Hellevik, 2009. "Linear versus logistic regression when the dependent variable is a dichotomy," Quality & Quantity: International Journal of Methodology, Springer, vol. 43(1), pages 59-74, January.
- Bos, Jaap W.B. & Li, Runliang & Sanders, Mark W.J.L., 2022. "Hazardous lending: The impact of natural disasters on bank asset portfolio," Economic Modelling, Elsevier, vol. 108(C).
- Adams, Renée & Keloharju, Matti & Knüpfer, Samuli, 2018.
"Are CEOs born leaders? Lessons from traits of a million individuals,"
Journal of Financial Economics, Elsevier, vol. 130(2), pages 392-408.
- Keloharju, Matti & Knüpfer, Samuli, 2014. "Are CEOs Born Leaders? Lessons from Traits of a Million Individuals," Working Paper Series 1024, Research Institute of Industrial Economics, revised 16 Apr 2015.
- Linh Nguyen & John O. S. Wilson, 2020. "How does credit supply react to a natural disaster? Evidence from the Indian Ocean Tsunami," The European Journal of Finance, Taylor & Francis Journals, vol. 26(7-8), pages 802-819, May.
- Berg, Gunhild & Schrader, Jan, 2012. "Access to credit, natural disasters, and relationship lending," Journal of Financial Intermediation, Elsevier, vol. 21(4), pages 549-568.
- Noth, Felix & Schüwer, Ulrich, 2018. "Natural disasters and bank stability: Evidence from the U.S. financial system," SAFE Working Paper Series 167, Leibniz Institute for Financial Research SAFE, revised 2018.
- Benjamin J. Keys & Philip Mulder, 2020. "Neglected No More: Housing Markets, Mortgage Lending, and Sea Level Rise," NBER Working Papers 27930, National Bureau of Economic Research, Inc.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Kakuho Furukawa & Hibiki Ichiue & Noriyuki Shiraki, 2020. "How Does Climate Change Interact with the Financial System? A Survey," Bank of Japan Working Paper Series 20-E-8, Bank of Japan.
- Pauline AVRIL & Grégory LEVIEUGE & Camélia TURCU, 2021.
"Natural Disasters and Financial Stress: Can Macroprudential Regulation Tame Green Swans?,"
LEO Working Papers / DR LEO
2913, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
- Avril Pauline & Levieuge Grégory & Turcu Camelia, 2022. "Natural Disasters and Financial Stress: Can Macroprudential Regulation Tame Green Swans?," Working papers 874, Banque de France.
- Pauline Avril & Gregory Levieuge & Camelia Turcu, 2021. "Natural Disasters and Financial Stress: Can Macroprudential Regulation Tame Green Swans?," Working Papers 2021.13, International Network for Economic Research - INFER.
- Shala, Iliriana & Schumacher, Benno, 2022. "The impact of natural disasters on banks' impairment flow: Evidence from Germany," Discussion Papers 36/2022, Deutsche Bundesbank.
- Xu, Minhong & Xu, Yilan, 2023. "Do non-damaging earthquakes shake mortgage lenders' risk perception?," Journal of Environmental Economics and Management, Elsevier, vol. 117(C).
- Breckenfelder, Johannes & Maćkowiak, Bartosz & Marqués-Ibáñez, David & Olovsson, Conny & Popov, Alexander & Porcellacchia, Davide & Schepens, Glenn, 2023. "The climate and the economy," Working Paper Series 2793, European Central Bank.
- Noth, Felix & Schüwer, Ulrich, 2023. "Natural disasters and bank stability: Evidence from the U.S. financial system," Journal of Environmental Economics and Management, Elsevier, vol. 119(C).
- Allen N. Berger & Filippo Curti & Nika Lazaryan & Atanas Mihov & Raluca A. Roman, 2023. "Climate Risks in the U.S. Banking Sector: Evidence from Operational Losses and Extreme Storms," Working Papers 21-31, Federal Reserve Bank of Philadelphia.
- Justin Contat & Caroline Hopkins & Luis Mejia & Matthew Suandi, 2023. "When Climate Meets Real Estate: A Survey of the Literature," FHFA Staff Working Papers 23-05, Federal Housing Finance Agency.
- Eszter Baranyai & Ádám Banai, 2022. "Heat projections and mortgage characteristics: evidence from the USA," Climatic Change, Springer, vol. 175(3), pages 1-20, December.
- Daniel Broxterman & Tingyu Zhou, 2023. "Information Frictions in Real Estate Markets: Recent Evidence and Issues," The Journal of Real Estate Finance and Economics, Springer, vol. 66(2), pages 203-298, February.
- Pauline Avril & Gregory Levieuge & Camelia Turcu, 2023. "Do bankers want their umbrellas back when it rains? Evidence from typhoons in China," Working Papers 2023.08, International Network for Economic Research - INFER.
- Li, Yongjia & Tahsin, Salman, 2021. "Home price appreciation and residential lending standards," Journal of Economics and Business, Elsevier, vol. 114(C).
- Celil, Hursit S. & Oh, Seungjoon & Selvam, Srinivasan, 2022. "Natural disasters and the role of regional lenders in economic recovery," Journal of Empirical Finance, Elsevier, vol. 68(C), pages 116-132.
- Agus Sugiarto & Ni Nyoman Puspani & Mustika Septiyas Trisilia, 2023. "The Shocks of Climate Change on Bank Loans," International Journal of Energy Economics and Policy, Econjournals, vol. 13(5), pages 493-514, September.
- Brei, Michael & Mohan, Preeya & Strobl, Eric, 2019.
"The impact of natural disasters on the banking sector: Evidence from hurricane strikes in the Caribbean,"
The Quarterly Review of Economics and Finance, Elsevier, vol. 72(C), pages 232-239.
- Michael Brei & Preeya Mohan & Eric Strobl, 2019. "The impact of natural disasters on the banking sector: Evidence from hurricane strikes in the Caribbean," Post-Print hal-02107599, HAL.
- Ralf R. Meisenzahl, 2023. "How Climate Change Shapes Bank Lending: Evidence from Portfolio Reallocation," Working Paper Series WP 2023-12, Federal Reserve Bank of Chicago.
- Aguilar-Gomez, Sandra & Gutierrez, Emilio & Heres, David & Jaume, David & Tobal, Martin, 2024.
"Thermal stress and financial distress: Extreme temperatures and firms’ loan defaults in Mexico,"
Journal of Development Economics, Elsevier, vol. 168(C).
- Sandra Aguilar-Gomez & Emilio Gutierrez & David Heres & David Jaume & Martin Tobal, 2022. "Thermal Stress and Financial Distress: Extreme Temperatures and Firms’ Loan Defaults in Mexico," Working Papers 148, Red Nacional de Investigadores en Economía (RedNIE).
- Liao, Yanjun (Penny) & Mulder, Philip, 2021. "What's at Stake? Understanding the Role of Home Equity in Flood Insurance Demand," RFF Working Paper Series 21-25, Resources for the Future.
- Duc Duy Nguyen & Steven Ongena & Shusen Qi & Vathunyoo Sila, 2022.
"Climate Change Risk and the Cost of Mortgage Credit [Does climate change affect real estate prices? Only if you believe in it],"
Review of Finance, European Finance Association, vol. 26(6), pages 1509-1549.
- Duc Duy Nguyen & Steven Ongena & Shusen Qi & Vathunyoo Sila, 2020. "Climate Change Risk and the Costs of Mortgage Credit," Swiss Finance Institute Research Paper Series 20-97, Swiss Finance Institute.
- Schüwer, Ulrich & Gropp, Reint E. & Noth, Felix, 2016.
"What drives banks' geographic expansion? The role of locally non-diversifiable risk,"
VfS Annual Conference 2016 (Augsburg): Demographic Change
145885, Verein für Socialpolitik / German Economic Association.
- Gropp, Reint E. & Noth, Felix & Schüwer, Ulrich, 2019. "What drives banks' geographic expansion? The role of locally non-diversifiable risk," SAFE Working Paper Series 246, Leibniz Institute for Financial Research SAFE, revised 2019.
- Gropp, Reint E. & Noth, Felix & Schüwer, Ulrich, 2019. "What drives banks' geographic expansion? The role of locally non-diversifiable risk," IWH Discussion Papers 6/2019, Halle Institute for Economic Research (IWH), revised 2019.
More about this item
Keywords
Mortgage Lending; Environmental Damage; Oil Spill; Difference-in-Differences;All these keywords.
JEL classification:
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ENE-2024-03-25 (Energy Economics)
- NEP-ENV-2024-03-25 (Environmental Economics)
- NEP-URE-2024-03-25 (Urban and Real Estate Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:liv:livedp:202219. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Rachel Slater (email available below). General contact details of provider: https://edirc.repec.org/data/mslivuk.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.