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18-061/III - Earthquake risk embedded in property prices: Evidence from five Japanese cities


  • Authors
    Masako Ikefuji, University of Tsukuba; Roger J. A. Laeven, University of Amsterdam, CentER, EURANDOM; Jan R. Magnus, Vrije Universiteit Amsterdam; Yuan Yue, University of Amsterdam
  • Publication date
    July 11, 2018
  • Keywords
    Earthquake risk, House price, Seismic excitation, Probability weighting, Hedonic pricing, Multivariate error components.
  • JEL
    R20, C33, D81, Q51