disaster." However these assessments are based on different methodologies and approaches, and they often reach different … results. Besides methodological differences, these discrepancies are due to the multi-dimensionality in disaster impacts and … disaster, and emphasizes the most important mechanisms that explain and determine this cost. It does so by first explaining why …

follow risk-coping strategies, such as increasing the labor supply of their children or selling assets, which entail partial …

development prospects of affected regions. As such, climate change reinforces the development case for investment in disaster risk … complicates disaster risk management investment decisions, the analysis presented here shows that these considerations are only … for disaster risk management investment decisions. Accounting for climate uncertainty is likely to shift the optimal …

This paper discusses how catastrophe crop risk models can be used to assess food security needs at the sovereign level … for the purpose of risk transfer. The rationale for a system to evaluate food security needs at the national level is … discussed. The role of technology and remote sensing data availability as an enabler of catastrophe crop risk models is …

the introduction of disaster funds, that is, ex-ante budgeting allocations for post-disaster reconstruction. So far the … implementation of disaster funds has been limited, in part because it is still unclear whether disaster funds provide a cost … reconstruction funds in Mexico, this paper provides some of the first estimates of the impact of disaster funds on local economic …

capital accumulates through increased density of capital at risk in a given area, (i) the probability of disaster occurrence … decreases with income; (ii) capital at risk ? and thus economic losses in case of disaster -- increases faster than economic … growth; (iii) increasing risk-taking reinforces economic growth. Economic growth and improved protection transfer risks from …

Assuming that capital productivity is higher in areas at risk from natural hazards (such as coastal zones or flood … plains), this paper shows that rapid development in these areas -- and the resulting increase in disaster losses -- may be … the consequence of a rational and well-informed trade-off between lower disaster losses and higher productivity. With …

Traditional risk assessments use asset losses as the main metric to measure the severity of a disaster. This paper … reconstruction process at the household level, this risk assessment provides new insights into disaster risks in the Philippines … proposes an expanded risk assessment based on a framework that adds socioeconomic resilience and uses wellbeing losses as its …

Several studies have found that the cross-section of stock returns reflects a risk premium for bearing downside risk …; however, existing measures of downside risk have poor power for predicting returns. Therefore, this paper proposes a novel … measure of downside risk, the ES-implied beta, to improve the prediction of the cross-section of asset returns. The ES …