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A General Rationale for a Governmental Role in the Relief of Large Risks
Shavell, Steven - 2014
The government often provides relief against large risks, such as disasters. A simple, general rationale for this role of government is considered here that applies even when private contracting to share risks is not subject to market imperfections. Specifically, the optimal private sharing of...
Persistent link: https://www.econbiz.de/10013052679
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Organization of Disaster Aid Delivery : Spending Your Donations
Henderson, J. Vernon - 2012
quality of aid delivered and social agendas pursued across neighboring villages in a set disaster context. We model the …
Persistent link: https://www.econbiz.de/10013113102
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What Determines Giving to Hurricane Katrina Victims? Experimental Evidence on Income, Race, and Fairness
Fong, Christina M. - 2010
We investigate determinants of private and public generosity to Katrina victims using an artifactual field experiment. In this experiment, respondents from the general population viewed a short audiovisual presentation that manipulated respondents' perceptions of the income, race, and...
Persistent link: https://www.econbiz.de/10012759998
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Covid-19 and the Macroeconomic Effects of Costly Disasters
Ludvigson, Sydney C. - 2020
impact of COVID-19. A costly disaster series is constructed over the sample 1980:1-2020:04 and the dynamic impact of a … disaster shock on economic activity and on uncertainty is studied using a VAR. While past natural disasters are local in nature … of large disaster shocks. Even in a fairly conservative case where COVID-19 is a 5-month shock with its magnitude …
Persistent link: https://www.econbiz.de/10012837186
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The Causal Effect of Environmental Catastrophe on Long-Run Economic Growth : Evidence from 6,700 Cyclones
Hsiang, Solomon - 2014
pre-disaster trend, and do not recover within twenty years. Both rich and poor countries exhibit this response, with … suppression of annual growth rates spread across the fifteen years following disaster, generating large and significant cumulative … continuous exposure to disaster. Linking these results to projections of future cyclone activity, we estimate that under …
Persistent link: https://www.econbiz.de/10013049691
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International Migration Responses to Natural Disasters : Evidence from Modern Europe's Most Destructive Earthquake
Spitzer, Yannay; Tortorici, Gaspare; Zimran, Ariell - 2022
The Messina-Reggio Calabria Earthquake (1908) was the most devastating natural disaster in modern European history. It …
Persistent link: https://www.econbiz.de/10013299202
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The Fiscal Cost of Hurricanes : Disaster Aid Versus Social Insurance
Deryugina, Tatyana - 2016
specifically target extreme weather events. This paper shows that US hurricanes lead to substantial increases in non-disaster … hurricane. The present value of this increase significantly exceeds that of direct disaster aid. This implies, among other …
Persistent link: https://www.econbiz.de/10012991681
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Can the West Save Africa?
Easterly, William - 2021
In the new millennium, the Western aid effort towards Africa has surged due to writings by well-known economists, a celebrity mass advocacy campaign, and decisions by Western leaders to make Africa a major foreign policy priority. This survey contrasts the predominant "transformational" approach...
Persistent link: https://www.econbiz.de/10013210668
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This is Only a Test? Long-Run Impacts of Prenatal Exposure to Radioactive Fallout
Black, Sandra E. - 2013
Research increasingly shows that differences in endowments at birth need not be genetic but instead are influenced by environmental factors while the fetus is in the womb. In addition, these differences may persist well beyond childhood. In this paper, we study one such environmental factor –...
Persistent link: https://www.econbiz.de/10013082774
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Chernobyl'S Subclinical Legacy : Prenatal Exposure to Radioactive Fallout and School Outcomes in Sweden
Almond, Douglas; Edlund, Lena; Palme, Marten - 2021
Japanese atomic bomb survivors irradiated 8-25 weeks after ovulation subsequently suffered reduced IQ [Otake and Schull, 1998]. Whether these findings generalize to low doses (less than 10 mGy) has not been established. This paper exploits the natural experiment generated by the Chernobyl...
Persistent link: https://www.econbiz.de/10013222941