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The Ethical Content of the Economic Analysis of Disasters : Price Gouging and Post-Disaster Recovery

Noy, Ilan - 2017

Economics, generally, is a discipline in which relatively little attention is devoted to language and terminology. As such, economists have not really attempted to define the concept of disasters very carefully, nor have they evaluated the ethics that are behind the economic analysis of...

Persistent link: https://www.econbiz.de/10012964378

The Economic and Fiscal Burdens of Disasters in the Pacific

Noy, Ilan - 2017

The Pacific Islands face the highest disaster risk, in per capita terms, globally. Examples of catastrophic events in the region include the 2009 tsunami in Samoa, the 2014 floods in the Solomon Islands, and the 2015 cyclone Pam in Vanuatu. Even without these catastrophic events, countries in...

Persistent link: https://www.econbiz.de/10012964696

Did the Japanese Patient Follow the Doctor's Orders? Mostly No! A Public Choice Analysis of Greenhouse Gas Emissions Trading Schemes in Japan Before and after the Earthquake

Rudolph, Sven - 2013

The Great Tōhoku-Earthquake and the following nuclear meltdown in Fukushima called the world's attention to Japans …

Persistent link: https://www.econbiz.de/10013092105

Earthquakes, Religion, and Transition to Self-Government in Italian Cities

Belloc, Marianna - 2016

. Exploiting the panel structure of the data, we document that the occurrence of an earthquake retarded institutional transition …

Persistent link: https://www.econbiz.de/10013002947

Measuring the Impact of Insurance on Urban Recovery with Light : The 2010-2011 New Zealand Earthquakes

Cuong, Nguyen Van - 2018

We measure the longer-term effect of a major earthquake on the local economy, using night-time light intensity measured … process. We focus on the destructive Canterbury Earthquake Sequence (CES) 2010 -2011 as our case study. Uniquely for this … economic recovery after the earthquake, but delayed payments were less affective and cash settlement of claims were more …

Persistent link: https://www.econbiz.de/10012915610

Stress and Coping - An Economic Approach

Wälde, Klaus - 2018

We present a psychological model of stress. Appraisal translates stressors into subjective stress. Stress reduces instantaneous utility of an individual directly and via cognitive load. Coping can be under the control of the individual or more automatic. We predict the occurrence of uncontrolled...

Persistent link: https://www.econbiz.de/10012918055

The Crisis and Regional Resilience in Europe: On the Importance of Urbanization and Specialization

Brakman, Steven; Garretsen, Harry; Marrewijk, Charles van - CESifo - 2014

Using a rich data set on the EU regions, we analyze the relevance of two possible determinants of a region’s resilience … that started in 2008, as our shock and then analyze how the NUTS II EU regions differ in their resilience to the crisis in … their resilience to shocks but it typically remains unclear as to why regions differ in this respect. For the 2008- 2012 …

Persistent link: https://www.econbiz.de/10010756164

Global Warming and Extreme Events : Rethinking the Timing and Intensity of Environmental Policy

Chen, Yu-Fu - 2010

The possibility of low-probability extreme events has reignited the debate over the optimal intensity and timing of climate policy. In this paper we therefore contribute to the literature by assessing the implications of low-probability extreme events on environmental policy in a continuous-time...

Persistent link: https://www.econbiz.de/10013139799

Natural Disasters and the Effect of Trade on Income : A New Panel IV Approach

Felbermayr, Gabriel J. - 2011

Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and Romer [F&R](1999) important doubts have surfaced. Is the correlation spurious and driven by omitted geographical and institutional variables? In this paper, we generalize F&R's...

Persistent link: https://www.econbiz.de/10013121825

Government Spending Shocks and the Multiplier : New Evidence from the U.S. Based on Natural Disasters

Yang, Weonho - 2012

The literature on estimating macroeconomic effects of fiscal policy requires suitable instruments to identify exogenous and unanticipated spending shocks. So far, the instrument of choice has been military build-ups. This instrument, however, largely limits the analysis to the US as few other...

Persistent link: https://www.econbiz.de/10013097432