Showing 1 - 10 of 161
cycles of the economy: the business, election, and natural disaster cycles. Our main findings suggest that fiscal policy has …
Persistent link: https://www.econbiz.de/10012677820
The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate. This paper develops an analytical...
Persistent link: https://www.econbiz.de/10012677607
Studies―Disaster Estimates; A. IMF Financing; 2. Case Studies―IMF Financing; 6. IMF Emergency Assistance … experience suggests there are ways to strengthen policy frameworks to increase resilience to natural disaster shocks, in …
Persistent link: https://www.econbiz.de/10012684357
comprehensive ground and satellite disaster indicators spanning the past three decades across 164 countries. Across EMDEs, where … to a disaster, fiscal expenditure does not increase following a drought. A storm drags output growth in EMDEs, albeit … EMDEs, international support for disaster preparedness and climate change adaptation play a crucial role for these countries …
Persistent link: https://www.econbiz.de/10015058849
1980-2020. The econometric analysis provides convincing evidence that corruption increases the number of disaster …
Persistent link: https://www.econbiz.de/10015059047
This paper explores the financial stability implications of acute physical climate change risks using a novel approach that focuses on a severe season associated with a sequence of tropical cyclone and flood events. Our approach was recently applied to study physical risks in the Mexican...
Persistent link: https://www.econbiz.de/10015059150
This paper presents a Markov switching dynamic stochastic general equilibrium model designed to evaluate the macroeconomic return of adaptation investment to natural disasters (NDs) and the impact of climate change. While the model follows the existing literature in assuming that NDs destroy a...
Persistent link: https://www.econbiz.de/10015059361
disaster hits? There is evidence that people exposed to natural disasters tend to behave more philanthropically, but most …
Persistent link: https://www.econbiz.de/10015059721
When and how do natural disasters worsen within-country income inequality? We highlight the channels through which natural disasters may have distributional effects and empirically analyze when and which type of disasters affect inequality in advanced economies (AEs) and in emerging and...
Persistent link: https://www.econbiz.de/10015059836
This paper uses a novel empirical approach, following the literature on hysteresis, to explore medium-term scarring of natural disasters for countries vulnerable to climate change. By quantifying the dynamic effects of natural disasters on real GDP per capita for a large number of episodes using...
Persistent link: https://www.econbiz.de/10015059899