The Rising Tide Lifts Some Interest Rates: Climate Change, Natural Disasters, and Loan Pricing
The Journal of Finance, Volume 81, Issue 5, Page 2933-2984, October 2026.ABSTRACT Banks adjust loan spreads after observing natural disasters linked to climate change. We isolate this updating process by identifying loans to borrowers at risk of, but not directly affected by, such disasters. Loan spreads for these borrowers spike in both primary and secondary markets, while no such updating occurs for non–climate‐related ...
RICARDO CORREA +3 more
wiley +1 more source
Statistical shape refinement and genetic algorithm calibration of design response spectra based on strong-motion records. [PDF]
PLoS OneHan X +6 more
europepmc +1 more source
Dam Management in the Era of Climate Change
Mathematical Finance, Volume 36, Issue 4, Page 870-895, October 2026.ABSTRACT Climate change has a dramatic impact, particularly by concentrating rainfall into a few short periods, interspersed with long dry spells. In this context, the role of dams is crucial. We consider the optimal control of a dam, where the water level must neither exceed a designated safety threshold nor fall below a minimum level to ensure ...
Cristina Di Girolami +3 more
wiley +1 more source
Application of a new assignment algorithm based on the minimax difference in earthquake emergency rescue. [PDF]
Sci RepHuang S +5 more
europepmc +1 more source
Quantifying the Role of 3D Fault Geometry Complexities on Slow and Fast Earthquakes
Geophysical Research Letters, Volume 53, Issue 18, 28 September 2026.Abstract Traditional models of slow slip events (SSEs) oversimplify fault geometry, although imaging shows subduction faults are segmented and complex. We examine how fault interactions control slip behavior using 3D quasi‐dynamic simulations of two parallel faults with uniform rate‐weakening friction accelerated by hierarchical matrices.
J. Cheng +4 more
wiley +1 more source
Heterogeneous stagnant slab controls focused crustal recycling and volcanic clustering. [PDF]
Nat CommunZhu S +9 more
europepmc +1 more source
Geophysical Research Letters, Volume 53, Issue 18, 28 September 2026.Abstract Slow slip events (SSEs) in the Cascadia subduction zone exhibit along‐strike segmentation, where the central segment has longer recurrence intervals but smaller moments. We quantify the controls on this variability by combining geodetic inter‐SSE coupling inversion with Bayesian inference of a quasi‐dynamic rate‐and‐state friction SSE‐cycle ...
Yohai Magen +2 more
wiley +1 more source
Research on the influence mechanism of structural separation on the damage excitation of bridge piers under seismic motion. [PDF]
PLoS OneWen Y, Liu Y, Ning X, Xia H, An W.
europepmc +1 more source
Fault‐Controlled Plumbing System Beneath Lipari Volcanic Island Revealed by Seismic Matrix Imaging
Geophysical Research Letters, Volume 53, Issue 17, 16 September 2026.Abstract Lipari Island hosts an active magmatic–hydrothermal system, but its deep plumbing architecture remains poorly resolved due to strong seismic scattering. We apply passive seismic matrix imaging to public vertical‐component cross‐correlation functions from the dense 2018 Lipari nodal array, recovering relative‐reflectivity structures to ∼10 km ...
Jia Wei, Qiancheng Liu, Ling Chen
wiley +1 more source
Probabilistic Aseismic Performance Assessment of Rubber-Sand-Concrete Tunnel Linings Considering Spatial Variability of Rock Mass. [PDF]
Materials (Basel)Li K +7 more
europepmc +1 more source