Predicting Drought and Subsidence Risks in France

  title={Predicting Drought and Subsidence Risks in France},
  author={Arthur Charpentier and Molly R. James and Hani Ali},
Abstract. The economic consequences of drought episodes are increasingly important, although they are often difficult to apprehend in part because of the complexity of the underlying mechanisms. In this article, we will study one of the consequences of drought, namely the risk of subsidence (or more specifically clay shrinkage induced subsidence), for which insurance has been mandatory in France for several decades. Using data obtained from several insurers, representing about a quarter of the… 

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