Natural Disasters, Adaptation and Default Risk
A sovereign default model shows that high borrowing costs and debt overhang depress public adaptation spending, yet adaptation yields the largest welfare gains when financing is tightest near default.
Featured in No. 138 on 6 Nov 2026 · 7 days after release
- Released
- 30 Oct 2026
- First featured
- No. 138 · 6 Nov 2026
- Published in
- Not yet, as far as Semantic Scholar knows
- Fanfare
- 3 of 5
- Identifier
- RePEc:idb:brikps:14759
- Authors
- Carlos Bolivar et al.
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).