Unpriced climate risk may lead to large
set of arbitrage opportunities. Following major flooding, a strikingly large volume of mortgage securitization is offloaded on GSE, which do not adjust their flood risk. Very cool by @amine_ouazad @mattkahn1966
nber.org/system/files/w… https://t.co/qIPYcMs2z5
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…