{"refrec":{"BRefID":352575,"RR":"<b>Nguyen, D.D.; Ongena, S.; Qi, S.; Sila, V.</b> (2022). Climate change risk and the cost of mortgage credit. <i>Review of Finance 26(6)</i>: 1509-1549. <a href=\"https://dx.doi.org/10.1093/rof/rfac013\" target=\"_blank\">https://dx.doi.org/10.1093/rof/rfac013</a>","BEntID":350283,"PublicFlag":1,"CheckedFlag":1,"wosflag":1,"vabbflag":1,"RefStringPartII":". <i>Review of Finance 26(6)</i>: 1509-1549. <a href=\"https://dx.doi.org/10.1093/rof/rfac013\" target=\"_blank\">https://dx.doi.org/10.1093/rof/rfac013</a>","DocTypID":8,"DocType":"Journal article","MarineFlag":0,"FreshFlag":0,"BrackishFlag":0,"TerrestrialFlag":0,"Authorstring":"Nguyen, D.D.; Ongena, S.; Qi, S.; Sila, V.","OrigTitleTranslFlag":0,"Authorstringtrunc":"Nguyen, D.D. <i>et al.</i>","Englishabstract":"We show that lenders charge higher interest rates for mortgages on properties exposed to a greater risk of sea level rise (SLR). This SLR premium is not evident in short-term loans and is not related to borrowers’ short-term realized default or creditworthiness. Further, the SLR premium is smaller when the consequences of climate change are less salient and in areas with more climate change deniers. 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