The changing climate requires businesses to take adaptive action. A key prerequisite for optimal adaptive action is that businesses are aware of the climate risks that they face. This, in turn, necessitates that businesses do not base their risk perception solely on prior experience, or a lack...

In this paper we employ commune-level data from Vietnam to study whether three types of natural disasters have an impact on emigration figures. We thereby distinguish between temporary and permanent emigration and also differentiate between the effects of recently occurring disaster events and...

In this study a systems approach is used to evaluate community responses and perceptions to natural hazards following Hurricane Lenny, which impacted the entire Eastern Caribbean between 17th and 20th November, 1999. Drawing on disaster evidence from various researchers a conceptual framework is...

Climate change is increasingly affecting the macroeconomic performance of countries and regions. However, the effects on income inequality are less understood. We estimate the dynamic impact of thunderstorms on income and wages and reveal a robust asymmetric effect. We leverage a comprehensive...

The concepts vulnerability, resilience and community are widely used and abused in the literature on natural hazards and disaster risk reduction. This paper seeks to bring greater rigour in their use. In particular, vulnerability must be understood as a set of socioeconomic conditions that are...

Current approaches of measuring vulnerability to natural hazards generally use a rather static perspective that focuses on a single point in time - often before a hazardous event occurs. In contrast, the paper argues that vulnerability assessment should also take into account the changing...

This paper discusses the impact of foreign aid on the recipient country's preparedness against natural disasters. The theoretical model shows that foreign aid can have two opposing effects on a country's level of mitigating activities. In order to test the theoretical propositions we analyse the...

Due to the public good character of protective measures against natural disasters events, their allocation is very often in the realm of bureaucratic and expert agencies. Based on the economic theory of bureaucracy the behavior of a bureau providing the good protection against natural hazards is...