{"id":"https://openalex.org/W1538023892","doi":"https://doi.org/10.1111/ecge.12048","title":"Geographies of Securitized Catastrophe Risk and the Implications of Climate Change","display_name":"Geographies of Securitized Catastrophe Risk and the Implications of Climate Change","publication_year":2014,"publication_date":"2014-01-23","ids":{"openalex":"https://openalex.org/W1538023892","doi":"https://doi.org/10.1111/ecge.12048","mag":"1538023892"},"language":"en","primary_location":{"id":"doi:10.1111/ecge.12048","doi":"https://doi.org/10.1111/ecge.12048","is_oa":false,"landing_page_url":"https://doi.org/10.1111/ecge.12048","pdf_url":null,"source":{"id":"https://openalex.org/S38825547","display_name":"Economic Geography","issn_l":"0013-0095","issn":["0013-0095","1944-8287"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","dongbi-a","fnege-1","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economic Geography","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5043816033","display_name":"Leigh Johnson","orcid":"https://orcid.org/0000-0001-7296-4296","observed_orcids":["https://orcid.org/0000-0001-7296-4296"]},"institutions":[{"id":"https://openalex.org/I202697423","display_name":"University of Zurich","ror":"https://ror.org/02crff812","country_code":"CH","type":"education","lineage":["https://openalex.org/I202697423"]}],"countries":["CH"],"is_corresponding":true,"raw_author_name":"Leigh Johnson","raw_affiliation_strings":["Department of Geography University of Z\u00fcrich  Winterthurerstrasse 190 8057 Z\u00fcrich Switzerland"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Geography University of Z\u00fcrich  Winterthurerstrasse 190 8057 Z\u00fcrich Switzerland","institution_ids":["https://openalex.org/I202697423"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5043816033"],"corresponding_institution_ids":["https://openalex.org/I202697423"],"apc_list":null,"apc_paid":null,"fwci":6.9731,"has_fulltext":false,"cited_by_count":49,"citation_normalized_percentile":{"value":0.96188483,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"90","issue":"2","first_page":"155","last_page":"185"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12394","display_name":"Insurance and Financial Risk Management","score":0.8920999765396118,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12394","display_name":"Insurance and Financial Risk Management","score":0.8920999765396118,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11817","display_name":"Housing, Finance, and Neoliberalism","score":0.054499998688697815,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10747","display_name":"Disaster Management and Resilience","score":0.0348999984562397,"subfield":{"id":"https://openalex.org/subfields/3312","display_name":"Sociology and Political Science"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/catastrophe-bonds","display_name":"catastrophe bonds","score":0.9990000128746033},{"id":"https://openalex.org/keywords/securitization","display_name":"securitization","score":0.878000020980835},{"id":"https://openalex.org/keywords/climate-risk","display_name":"climate risk","score":0.7580000162124634},{"id":"https://openalex.org/keywords/hurricane-risk","display_name":"hurricane risk","score":0.7630000114440918},{"id":"https://openalex.org/keywords/seismic-risk","display_name":"seismic risk","score":0.9980000257492065},{"id":"https://openalex.org/keywords/reinsurance","display_name":"reinsurance","score":0.593999981880188},{"id":"https://openalex.org/keywords/concentration-of-capital","display_name":"capital concentration","score":0.5770000219345093}],"concepts":[{"id":"https://openalex.org/C2780619108","wikidata":"https://www.wikidata.org/wiki/Q852175","display_name":"Securitization","level":2,"score":0.7931901216506958},{"id":"https://openalex.org/C69738904","wikidata":"https://www.wikidata.org/wiki/Q11693","display_name":"Bond","level":2,"score":0.6125242710113525},{"id":"https://openalex.org/C2780210451","wikidata":"https://www.wikidata.org/wiki/Q3433166","display_name":"Climate risk","level":3,"score":0.47166526317596436},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4564916491508484},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.4427706301212311},{"id":"https://openalex.org/C76178495","wikidata":"https://www.wikidata.org/wiki/Q4808784","display_name":"Asset (computer security)","level":2,"score":0.42412009835243225},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4223968982696533},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.35376060009002686},{"id":"https://openalex.org/C132651083","wikidata":"https://www.wikidata.org/wiki/Q7942","display_name":"Climate change","level":2,"score":0.2872936725616455},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1111/ecge.12048","doi":"https://doi.org/10.1111/ecge.12048","is_oa":false,"landing_page_url":"https://doi.org/10.1111/ecge.12048","pdf_url":null,"source":{"id":"https://openalex.org/S38825547","display_name":"Economic Geography","issn_l":"0013-0095","issn":["0013-0095","1944-8287"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","dongbi-a","fnege-1","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economic Geography","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:recgxx:v:90:y:2014:i:2:p:155-185","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1111/ecge.12048","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Climate action","score":0.821399986743927,"id":"https://metadata.un.org/sdg/13"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":96,"referenced_works":["https://openalex.org/W24490408","https://openalex.org/W98816830","https://openalex.org/W120430763","https://openalex.org/W163565376","https://openalex.org/W567748077","https://openalex.org/W625146026","https://openalex.org/W1479997610","https://openalex.org/W1482366092","https://openalex.org/W1491531314","https://openalex.org/W1520428197","https://openalex.org/W1542756266","https://openalex.org/W1568092302","https://openalex.org/W1587861910","https://openalex.org/W1590274302","https://openalex.org/W1602356706","https://openalex.org/W1709351889","https://openalex.org/W1806102151","https://openalex.org/W1865983994","https://openalex.org/W1933856471","https://openalex.org/W1961642364","https://openalex.org/W1979781925","https://openalex.org/W1990086493","https://openalex.org/W1993010232","https://openalex.org/W1994119483","https://openalex.org/W1997530686","https://openalex.org/W1999465357","https://openalex.org/W2000350110","https://openalex.org/W2012655546","https://openalex.org/W2015492385","https://openalex.org/W2015743278","https://openalex.org/W2025301749","https://openalex.org/W2028148124","https://openalex.org/W2029060944","https://openalex.org/W2031036777","https://openalex.org/W2032192158","https://openalex.org/W2035673872","https://openalex.org/W2040402989","https://openalex.org/W2040704562","https://openalex.org/W2042488097","https://openalex.org/W2046371694","https://openalex.org/W2046904744","https://openalex.org/W2055537318","https://openalex.org/W2056461792","https://openalex.org/W2062199894","https://openalex.org/W2071568571","https://openalex.org/W2076415534","https://openalex.org/W2085192540","https://openalex.org/W2085462656","https://openalex.org/W2088646561","https://openalex.org/W2088800688","https://openalex.org/W2097224090","https://openalex.org/W2099665106","https://openalex.org/W2101941423","https://openalex.org/W2105002885","https://openalex.org/W2105187400","https://openalex.org/W2106610850","https://openalex.org/W2108850950","https://openalex.org/W2109751854","https://openalex.org/W2112960346","https://openalex.org/W2113727366","https://openalex.org/W2119910835","https://openalex.org/W2120568583","https://openalex.org/W2125530165","https://openalex.org/W2127532707","https://openalex.org/W2128411453","https://openalex.org/W2130595132","https://openalex.org/W2142896733","https://openalex.org/W2149022830","https://openalex.org/W2150800487","https://openalex.org/W2150819904","https://openalex.org/W2157344913","https://openalex.org/W2159740741","https://openalex.org/W2162223647","https://openalex.org/W2164564350","https://openalex.org/W2167905626","https://openalex.org/W2171309782","https://openalex.org/W2175779748","https://openalex.org/W2481302993","https://openalex.org/W2492898961","https://openalex.org/W2501002419","https://openalex.org/W2525326778","https://openalex.org/W2588205325","https://openalex.org/W2780382920","https://openalex.org/W2939474406","https://openalex.org/W3023281944","https://openalex.org/W3081949511","https://openalex.org/W3086774720","https://openalex.org/W3126086940","https://openalex.org/W3149646292","https://openalex.org/W4206641934","https://openalex.org/W4230588494","https://openalex.org/W4233428799","https://openalex.org/W4247633997","https://openalex.org/W4247825506","https://openalex.org/W4302197181","https://openalex.org/W4313158709"],"related_works":["https://openalex.org/W2747085663","https://openalex.org/W2051146435","https://openalex.org/W2945684984","https://openalex.org/W3000489214","https://openalex.org/W7215233467","https://openalex.org/W1533486312","https://openalex.org/W2109751854","https://openalex.org/W1975734822","https://openalex.org/W4392578905","https://openalex.org/W3125097864"],"abstract_inverted_index":{"Abstract":[0],"This":[1,164,191,208],"article":[2],"analyzes":[3],"the":[4,28,32,64,107,111,128,152,155,180,199,226],"drivers":[5],"and":[6,61,94,124,127,130,143,158,234],"implications":[7],"of":[8,36,50,114,132,154,231],"catastrophe":[9,102,181],"bonds\u2019":[10],"growing":[11,48,187],"popularity":[12],"as":[13,83,121,228],"an":[14,229],"alternative":[15],"asset":[16],"class.":[17],"As":[18],"investor":[19],"demand":[20],"for":[21,77],"bonds":[22],"outpaces":[23],"their":[24],"supply":[25],"from":[26,55],"reinsurers,":[27],"study":[29,65,108,209],"asks":[30],"how":[31,67],"place\u2010based":[33],"physical":[34],"vulnerabilities":[35],"fixed":[37,156],"capital":[38,73,115],"have":[39],"been":[40],"rendered":[41],"into":[42],"assets":[43],"deemed":[44],"increasingly":[45],"desirable":[46],"by":[47,162],"blocks":[49],"financial":[51,145],"capital.":[52],"Combining":[53],"data":[54,96],"extended":[56],"interviews":[57],"with":[58,147,167],"industry":[59],"datasets":[60],"market":[62,183],"reports,":[63],"demonstrates":[66],"this":[68],"securitization":[69],"pathway":[70],"allows":[71],"mobile":[72],"on":[74,90,97,186,225],"a":[75,217],"search":[76],"yield":[78,216],"to":[79,135,178,184,193,195,201,237],"reframe":[80],"spatial":[81],"liabilities":[82,169],"tradable":[84],"assets,":[85],"thus":[86],"accessing":[87],"new":[88,137],"\u201creturns":[89],"place.\u201d":[91],"By":[92],"aggregating":[93],"analyzing":[95],"approximately":[98],"$37":[99],"billion":[100],"in":[101,116,175,205],"bond":[103,182],"transactions":[104],"since":[105],"1997,":[106],"reveals":[109],"both":[110,222],"ongoing":[112],"concentration":[113],"so\u2010called":[117],"\u201cpeak":[118],"perils\u201d":[119],"such":[120,212],"U.S.":[122],"hurricane":[123],"earthquake":[125],"risks,":[126],"fragmentation":[129],"recombination":[131],"peak":[133],"perils":[134],"create":[136],"risk/return":[138],"profiles.":[139],"These":[140],"purposive,":[141],"scalable,":[142],"selective":[144],"engagements":[146],"catastrophic":[148],"risks":[149],"depend":[150],"upon":[151],"avoidance":[153],"costs":[157],"relational":[159],"entanglements":[160],"borne":[161],"(re)insurers.":[163],"ambivalent":[165],"relationship":[166],"geographical":[168],"is":[170,221],"reaching":[171],"its":[172],"logical":[173],"apogee":[174],"recent":[176],"proposals":[177],"expand":[179],"capitalize":[185],"climate":[188,238],"change":[189],"risks.":[190],"movement":[192],"\u201cunderwrite":[194],"securitize\u201d":[196,202],"intentionally":[197],"emulates":[198],"\u201coriginate":[200],"model":[203],"pioneered":[204],"mortgage\u2010backed":[206],"securities.":[207],"argues":[210],"that":[211,220],"developments":[213],"could":[214],"ultimately":[215],"built":[218],"environment":[219],"more":[223],"dependent":[224],"state":[227],"insurer":[230],"last":[232],"resort":[233],"less":[235],"adapted":[236],"extremes.":[239]},"counts_by_year":[{"year":2026,"cited_by_count":3},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":4},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":4},{"year":2021,"cited_by_count":5},{"year":2020,"cited_by_count":4},{"year":2019,"cited_by_count":8},{"year":2018,"cited_by_count":5},{"year":2017,"cited_by_count":1},{"year":2016,"cited_by_count":4},{"year":2015,"cited_by_count":3},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}
