The DOI matches its Crossref record; 31 of the 33 references it cites were found in a registry or an index, and 1 are not checked yet.
‘Climate value at risk’ of global financial assets
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“Climate change poses a substantial financial risks to global assets measured in the trillions of dollars [185]”
From Tackling climate change with machine learning (2023) · cites this paper as [185]
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Citations
Cites
The Cost of Capital, Corporation Finance and the Theory of Investment
Miller, M. H. (1958) · American Economic Review · Cited by 14,574
(2007) · London School of Economics and Political Science Research Online (London School of Economics and Political Science) · Cited by 9,690
The Economics of Climate Change: The Stern Review
Stern, N. (2007) · doi:10.1017/cbo9780511817434 · Cited by 8,371
CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION
Modigliani, F., & Merton, H. M. (1963) · Cited by 5,902
Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends?
Shiller, R. J. (1980) · National Bureau of Economic Research · doi:10.3386/w0456 · Cited by 3,966
Field, C. B., Barros, V. R., Stocker, T. F., Qin, D., Dokken, D. J., Ebi, K. L., Mastrandrea, M. D., Mach, K. J., Plattner, G., Allen, S., et al. (2012) · Cambridge University Press eBooks · Cited by 3,037
Global non-linear effect of temperature on economic production
Burke, M., Hsiang, S. M., & Miguel, E. (2015) · Nature · doi:10.1038/nature15725 · Cited by 2,913
Maddison, A. (2001) · Development Centre studies · doi:10.1787/9789264189980-en · Cited by 2,197
Kaldor, N. (1957) · The Economic Journal · doi:10.2307/2227704 · Cited by 2,007
Gollin, D. (2002) · Journal of Political Economy · doi:10.1086/338747 · Cited by 1,977
Flagged first, then by citations
1 of the 33 references couldn’t be matched to a known paper.
Research works printed but not linked: 3
- Arent, D. J. et al. in Climate Change 2014: Impacts, Adaptation, and Vulnerability. Part A: Global and Sectoral Aspects (eds Field, C. B. et al.) (Cambridge Univ. Press, 2014).
- Carney, M. Breaking the Tragedy of the Horizon: Climate Change and Financial Stability (Bank of England, 2015).
- CISL Unhedgeable Risk: How Climate Change Sentiment Impacts Investment (Cambridge Institute for Sustainability Leadership, 2015).
Cited by
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The Importance of Climate Risks for Institutional Investors
Krueger, P., Sautner, Z., & Starks, L. T. (2020) · The Review of Financial Studies · doi:10.1093/rfs/hhz137 · Cited by 3,034
“These expectations reflect the possibility of very negative effects on financial assets (Dietz et al. 2016).”
BackgroundA Climate Stress-Test of the Financial System
Battiston, S., Mandel, A., Monasterolo, I., Schütze, F., & Visentin, G. (2016) · Nature Climate Change · doi:10.1038/nclimate3255 · Cited by 1,239
Climate change challenges for central banks and financial regulators
Campiglio, E., Dafermos, Y., Monnin, P., Ryan‐Collins, J., Schotten, G., & Tanaka, M. (2018) · Nature Climate Change · doi:10.1038/s41558-018-0175-0 · Cited by 846
Climate Change, Financial Stability and Monetary Policy
Dafermos, Y., Nikolaidi, M., & Galanis, G. (2018) · Ecological Economics · doi:10.1016/j.ecolecon.2018.05.011 · Cited by 764
“This allows us to model the climate-induced fragility that can be caused in the fi nancial structures of fi rms and banks, a feature which is absent in Dietz et al. (2016).”
InfluentialClimate Change News Risk and Corporate Bond Returns
Huynh, T., & Xia, Y. (2020) · Journal of Financial and Quantitative Analysis · doi:10.1017/s0022109020000757 · Cited by 535
Metadata
- Authors
- Dietz, S., Bowen, A., Dixon, C., & Gradwell, P.
- Affiliations
- Vivid Economics (United Kingdom) (GB)
- Centre for Climate Change Economics and Policy (GB)
- Corresponding author
- Dietz, Simon
- ORCID
- Dietz, Simon
- Venue
- Nature Climate Change
- Published
- 2016-04-04
- Volume
- 6
- Issue
- 7
- Pages
- 676-679
- ISSN
- 1758-678X (ISSN-L)
- 1758-6798
- OpenAlex
- W2330768275
- Cited by
- 694
- References
- 33
- Citations by year
- 2026: 111 · 2025: 126 · 2024: 121 · 2023: 66 · 2022: 66 · 2021: 72 · 2020: 45 · 2019: 32 · 2018: 27 · 2017: 19 · 2016: 6
- FWCI
- 42.30
- Type
- journal article
- Language
- en
- Open access
- green
- orcid.org
- Licence
- www.springer.com/tdm (tdm)
- Locations
- Nature Climate Change (publishedVersion)
- London School of Economics and Political Science Research Online (London School of Economics and Political Science) (acceptedVersion)
- London School of Economics and Political Science Theses Online (London School of Economics and Political Science) (acceptedVersion)
- LSE Research Online Documents on Economics (submittedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Funders
- Grantham Foundation for the Protection of the Environment
- Economic and Social Research Council (ES/K006576/1)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Finance › Sustainable Finance and Green Bonds
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Climate Change Policy and Economics
- Physical Sciences › Environmental Science › Global and Planetary Change › Climate Change and Geoengineering
- Keywords
- financial assets, 2°C target, integrated assessment models, business-as-usual emissions, tail risk, mitigation costs, risk-neutral investors, risk-averse investors
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