Showing 1 - 10 of 1,101
Persistent link: https://www.econbiz.de/10012796736
?ects on the macroecon-omy. 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 re-lated disaster …
Persistent link: https://www.econbiz.de/10012102117
targets with expected disaster shocks. This paper contributes to the literature and policy dialogue by theoretically analyzing …
Persistent link: https://www.econbiz.de/10012103680
Using a dynamic stochastic general equilibrium model, we study the channels through which natural disaster shocks … affect macroeconomic outcomes and welfare in disaster-prone countries. We solve the model using Taylor projection, a solution … find large and persistent effects of weather shocks that significantly impact the income convergence path of disaster …
Persistent link: https://www.econbiz.de/10012112128
Does the choice of exchange rate regime affect the way an economy''s adjustment to real shocks? Exploiting the randomness of natural shocks, this paper assesses empirically the often contrasting answers found in the theoretical literature. The evidence supports key themes in this literature, and...
Persistent link: https://www.econbiz.de/10014400930
This paper examines the historical effects of the El Niño-Southern Oscillation (ENSO) cycle on world prices and … economic activity. The analysis indicates that ENSO has economically-important and statistically-significant effects on world … inflation movements over the past several years. ENSO also has some explanatory power for world consumer price inflation and …
Persistent link: https://www.econbiz.de/10014403435
The working age population is expected to grow faster in the Middle East than in any other region in the world between …
Persistent link: https://www.econbiz.de/10014399906
that could substantially improve disaster-resilience. Results show that (i) climaterelated disasters have a significant … negative impact on medium-term growth, especially for sub-Saharan Africa; and (ii) a disaster's intensity matters much more …
Persistent link: https://www.econbiz.de/10013170064
Persistent link: https://www.econbiz.de/10012796774
experience suggests there are ways to strengthen policy frameworks to increase resilience to natural disaster shocks, including …
Persistent link: https://www.econbiz.de/10012671629