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Natural disasters and regional development : the case of earthquakes
Fabian, Marius; Lessmann, Christian; Sofke, Tim - 2019
entire world for the period 1992-2013 we find that earthquakes reduce both light growth rates and light levels significantly …
Persistent link: https://www.econbiz.de/10011973918
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Long-term growth effects of natural disasters : empirical evidence for droughts
Berlemann, Michael; Wenzel, Daniela - 2015
The ongoing process of climate change goes along with a higher frequency and/or severity of droughts. While the short-term growth consequences of droughts are comparatively well examined, little research has yet been devoted to the question whether and how droughts affect medium and long-term...
Persistent link: https://www.econbiz.de/10011384506
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Fifty years of peril : a comprehensive comparison of the impact of terrorism and disasters linked to natural hazards (1970-2019)
Wilson, Timothy; Noy, Ilan - 2022
We compare the realised impact of terrorism and disasters linked to natural hazards. Using fifty years of data from two databases covering 99 percent of the global population, we find that natural hazard disasters were more then 20 times more impactful than terrorism. The former had a larger...
Persistent link: https://www.econbiz.de/10013337593
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Demand for multi-year catastrophe insurance contracts : experimental evidence for mitigating the insurance gap
Dudek, Thomas; Ulm, Eric R.; Noy, Ilan - 2021
People often fail to insure against catastrophes, even when insurance is subsidized. Even when insuring homes, many homeowners still underinsure the full value of their assets. Some researchers have suggested using long-term insurance contracts to reduce these insurance gaps. We examine...
Persistent link: https://www.econbiz.de/10012694052
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Measuring the impact of insurance on urban recovery with light : the 2010-2011 New Zealand earthquakes
Cuong Nhu Nguyen; Noy, Ilan - 2018
We measure the longer-term effect of a major earthquake on the local economy, using night-time light intensity measured from space, and investigate whether insurance claim payments for damaged residential property affected the local recovery process. We focus on the destructive Canterbury...
Persistent link: https://www.econbiz.de/10011846154
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Decentralization and natural disasters
Goodspeed, Timothy J. - 2013
disaster. The paper concludes by reflecting on what we know about whether policies to confront natural disasters should be …
Persistent link: https://www.econbiz.de/10009724002
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Disastrous discretion : ambiguous decision situations foster political favoritism
Schneider, Stephan A.; Kunze, Sven - 2022
discretionary power in a partisan manner. We analyze the allocation of presidential disaster declarations in the United States …
Persistent link: https://www.econbiz.de/10013177149
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Fifty years of U.S. natural disaster insurance policy
Marcoux, Kendra; Wagner, Katherine R. H. - 2023
The high and increasing cost of natural disasters around the world motivates a growing body of literature on the role … of natural disaster insurance in adapting to climate change. This chapter reviews current challenges in both public and … private natural disaster insurance markets in the United States and how the nature of these challenges has changed over the …
Persistent link: https://www.econbiz.de/10014281392
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Growth and mitigation policies with uncertain climate damage
Bretschger, Lucas; Vinogradova, Alexandra - 2014
Climate physics predicts that the intensity of natural disasters will increase in the future due to climate change. We present a stochastic model of a growing economy where natural disasters are multiple and random, with damages driven by the economy's polluting activity. We provide a...
Persistent link: https://www.econbiz.de/10010438060
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The economic and fiscal burdens of disasters in the Pacific
Noy, Ilan; Edmonds, Christopher M. - 2016
The Pacific Islands face the highest disaster risk, in per capita terms, globally. Examples of catastrophic events in … analysing the applicability of various financial instruments to facilitate both ex-ante and ex-post disaster risk management in …
Persistent link: https://www.econbiz.de/10011573195