We provide the planner's solution to a model where households learn from exogenous natural disaster arrivals about … since disaster leads to pessimistic arrival-rate beliefs and taxes or mandates to fund mitigation, which reduce consumption …

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 …

fight and endure war, the government elites began to provide public goods, reduced rent extraction and adopted policies to …

to go to war with each other, even after controlling for a wide set of measures of geographic distance and other factors …

We argue that one major cause of the U.S. postwar baby boom was the rise in female labor supply during World War II. We … decisions. We use the model to assess the impact of the war on female labor supply and fertility in the decades following the … war. For the war generation of women, the high demand for female labor brought about by mobilization leads to an increase …

This paper measures the effects of the risk of war on nine U.S. financial variables using a heteroskedasticity …-based estimation technique. The results indicate that increases in the risk of war cause declines in Treasury yields and equity prices …, a widening of lower-grade corporate spreads, a fall in the dollar, and a rise in oil prices. This war risk factor …