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Securitization for Climate Risk Diversification

The study suggests that financial institutions can reduce climate risk through securitization, particularly with diversified Mortgage-Backed Securities that have lower spatial concentration and correlation in wildfire events.

Featured in No. 40 on 13 Mar 2024 · 6 days after release

Released
7 Mar 2024
First featured
No. 40 · 13 Mar 2024
Published in
Not yet, as far as Semantic Scholar knows
Shares when featured
31
Identifier
SSRN 4751898

Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).

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