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 …

COVID-19 has demonstrated the challenges that policymakers, insurers, businesses, and employees face when disaster …

Despite escalating disaster losses and predicted increases in weather-related catastrophes, takeup of protective …

disaster in modern European history. It occurred when overseas mass emigration from southern Italy was at its peak and … international borders were open, making emigration a widespread phenomenon and a readily available option for disaster relief. We … the disaster through migration. Nonetheless, relative to the effects of ordinary shocks, such as a recession in the …

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 …

associated with a stronger relationship between premiums and local disaster risk: A one standard-deviation increase in disaster …-through of reinsurance costs. Third, we project that if the reinsurance shock persists, growing disaster risk will lead climate …

application data from the U.S. Federal Disaster Loan program, which provides loans to households that have uninsured damages from … a federally-declared natural disaster, to a panel of credit records before and after the shock. We exploit a … following the disaster. We explore mechanisms using additional quasi-experimental variation in interest rates, finding support …