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Corruption Kills: Global Evidence from Natural Disasters

Cevik, Serhan - 2023

1980-2020. The econometric analysis provides convincing evidence that corruption increases the number of disaster …

Persistent link: https://www.econbiz.de/10015059047

From Extreme Events to Extreme Seasons: Financial Stability Risks of Climate Change in Mexico

Dolk, Michaela - 2023

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

An Anatomy of Credit Booms

Terrones, Marco - 2008

We study the characteristics of credit booms in emerging and industrial economies. Macro data show a systematic relationship between credit booms and economic expansions, rising asset prices, real appreciations and widening external deficits. Micro data show a strong association between credit...

Persistent link: https://www.econbiz.de/10012677365

Credit Booms and Lending Standards : Evidence From the Subprime Mortgage Market

Dell'Ariccia, Giovanni - 2008

This paper links the current sub-prime mortgage crisis to a decline in lending standards associated with the rapid expansion of this market. We show that lending standards declined more in areas that experienced larger credit booms and house price increases. We also find that the underlying...

Persistent link: https://www.econbiz.de/10014409025

An Anatomy of Credit Booms : Evidence From Macro Aggregates and Micro Data

Terrones, Marco - 2008

Persistent link: https://www.econbiz.de/10014409056

Fiscal Cycles in the Caribbean

Araujo, Juliana Dutra - 2009

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

International Reserves and Self-Insurance against External Shocks

Barnichon, Régis - 2008

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

Natural Disasters

Laframboise, Nicole - 2012 - Online-Ausg.

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

Fiscal Impacts of Climate Disasters in Emerging Markets and Developing Economies

Fuje, Habtamu - 2023

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

The Macroeconomic Returns of Investment in Resilience to Natural Disasters under Climate Change: A DSGE Approach

Corugedo, Emilio Fernández - 2023

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

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