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Climate Disaster Risks - Empirics and a Multi-Phase Dynamic Model
Mittnik, Stefan - 2019
effects on the macroeconomy. Research on disaster risks has also actively been pursued in the macroeconomic models of climate … change. Our paper uses insights from the former work to study disaster risks in the macroeconomics of climate change and to … spell out policy needs. Empirically the link between carbon dioxide emission and the frequency of climate related disaster …
Persistent link: https://www.econbiz.de/10012865122
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A Possible Approach to Fiscal Rules in Small Islands - Incorporating Natural Disasters and Climate Change
Nakatani, Ryota - 2019
targets with expected disaster shocks. This paper contributes to the literature and policy dialogue by theoretically analyzing …
Persistent link: https://www.econbiz.de/10012860997
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Demand for Value Added and Value-Added Exchange Rates
Bems, Rudolfs - 2015
We examine the role of cross-border input linkages in governing how international relative price changes influence demand for domestic value added. We define a novel value-added real effective exchange rate (REER), which aggregates bilateral value-added price changes, and link this REER to...
Persistent link: https://www.econbiz.de/10013013815
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We are All in the Same Boat : Cross-Border Spillovers of Climate Risk Through International Trade and Supply Chain
Feng, Alan; Li, Haishi - 2021
Are assets in a landlocked country subject to sea-level rise risk? In this paper, we study the cross-border spillovers of physical climate risks through international trade and supply chain linkages. As we base our findings on historical data between 1970 and 2018, we observe that globalization...
Persistent link: https://www.econbiz.de/10013243070
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Supply Chains and Port Congestion Around the World
Komaromi, Andras; Cerdeiro, Diego; Liu, Yang - 2022
unique data set on maritime transport. Two main features emerge. First, at the world level, we find that shipping times …
Persistent link: https://www.econbiz.de/10013293933
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Settling the Inflation Targeting Debate : Lights from a Meta-Regression Analysis
Balima, Hippolyte - 2017
Inflation targeting (IT) has gained much traction over the past two decades, becoming a framework of reference for the conduct of monetary policy. However, the debate about its very merits and macroeconomic consequences remains inconclusive. This paper digs deeper into the issue through a...
Persistent link: https://www.econbiz.de/10012944958
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Has Chinese Aid Benefited Recipient Countries? Evidence from a Meta-Regression Analysis
Mandon, Pierre; Woldemichael, Martha Tesfaye - 2022
This paper employs a meta-regression analysis of 473 estimates from 15 studies to take stock of the empirical literature on Chinese aid effectiveness. After accommodating publication selection bias, we find that, on average, Beijing’s foreign assistance has had a positive impact on economic...
Persistent link: https://www.econbiz.de/10013295000
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Natural Disasters : Mitigating Impact, Managing Risks
Laframboise, N. - 2012
experience suggests there are ways to strengthen policy frameworks to increase resilience to natural disaster shocks, including …
Persistent link: https://www.econbiz.de/10013098564
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Natural Disaster Insurance for Sovereigns : Issues, Challenges and Optimality
Cebotari, Aliona - 2020
ex-ante preparedness is needed to manage the risks. The paper discusses sovereign experience with disaster insurance as a … use by vulnerable countries. The paper especially aims to inform policy decisions on disaster insurance. Through …
Persistent link: https://www.econbiz.de/10012840602
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Policy Trade-Offs in Building Resilience to Natural Disasters : The Case of St. Lucia
Cantelmo, Alessandro - 2019
Resilience to climate change and natural disasters hinges on two fundamental elements: financial protection -insurance and self-insurance- and structural protection -investment in adaptation. Using a dynamic general equilibrium model calibrated to the St. Lucia's economy, this paper shows that...
Persistent link: https://www.econbiz.de/10012889136