Özyeğin University, Çekmeköy Campus Nişantepe District, Orman Street, 34794 Çekmeköy - İSTANBUL
Phone : +90 (216) 564 90 00
Fax : +90 (216) 564 99 99
E-mail: info@ozyegin.edu.tr
10.02.2020 - 10.02.2020
Faculty of Business Seminar Series / Mandeep Singh
Date: Monday, Feb 10th, 2020
Time: 13:30-15:00
Location: AB2, Meeting Room 345
Title: Temperature Extremes and Credit
Abstract: We provide novel evidence of spatial rationing of credit by banks across regions that differ in the likelihood of extreme temperatures. Our empirical evidence suggests that financial intermediaries adapt their lending strategies to account for climate change, which affects the likelihood of extreme temperatures and that of intense climate-related disasters.