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January 12, 2010 earthquake that struck Haiti. Damages are estimated for a disaster with both 200,000 and 250,000 total dead … and missing (i.e., the range of mortality that the earthquake is estimated to have caused) using Haiti s economic and …
Persistent link: https://www.econbiz.de/10010247138
. For Guatemala, we find no robust statistically significant effects on these types of disasters. However, in Costa Rica, we …
Persistent link: https://www.econbiz.de/10014546431
examines whether natural disasters can impact general political trust and if disaster relief efforts can mitigate these effects ….1-magnitude earthquake struck Mexico City in September 2017. Our findings reveal that the disaster resulted in an 11% decrease in …. We investigate the relationships between disaster, trust, and aid using novel survey data collected before and after a 7 …
Persistent link: https://www.econbiz.de/10014454664
This paper discusses the role of sterilized foreign exchange (FX) interventions as a monetary policy instrument for emerging market economies in response to external shocks. We develop a model for a commodity-exporting small open economy in which FX intervention is considered as a balance sheet...
Persistent link: https://www.econbiz.de/10012616248
China is both a major trading partner of the United States and the largest official holder of U.S. assets in the world …
Persistent link: https://www.econbiz.de/10011586659
This is a comparative study on the historical experience of real effective exchange rate (REER) misalignment of Japanese yen, Deutsche mark, Singapore dollar and Taiwan dollar, with regard to the recent dispute over the Renminbi (RMB) valuation. Panel-based misalignment estimates of the four...
Persistent link: https://www.econbiz.de/10003990427
During the last two decades the emerging countries have experienced an upward trend in reserve accumulation. However, high level of foreign reserve assets implies certain costs. Consequently, given the trade-off between the benefits and the costs of holding reserves, there are issues related to...
Persistent link: https://www.econbiz.de/10011717619
This paper examines the role of disaster shock in a one-sector, representative agent dynamic stochastic general …, consumption, and country spread to capture the economic effects of output, country risk, and exogenous natural disaster shocks … Belize. Similar findings between empirical and general frameworks show that disaster shocks in Central America and the …
Persistent link: https://www.econbiz.de/10011575500
-level database on emergency declarations triggered by natural disasters and estimate their impacts with a monthly Global Vector …
Persistent link: https://www.econbiz.de/10014552864
significantly increases the WTP to reduce consumption risk. Our work links the VSL and consumption disaster literatures. …
Persistent link: https://www.econbiz.de/10012383906