Disaster Risk and its Implications for Asset Pricing
---- Acknowledgments ----
Forthcoming in the Annual Review of Financial Economics, doi: 10.1146/annurev-financial-111914-041906. We thank Robert Barro, Xavier Gabaix, and Mete Kilic for helpful comments. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.