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endogenously determined. Interpreting unemployment as damage, urban pollution (damage denoted in units of labour) can also support … the same equilibrium with the value of damage equal to the value of resources otherwise lost through unemployment. However …, if the damage function implies an uninternalized externality (due to urban congestion, for instance), an internalization …
Persistent link: https://www.econbiz.de/10010291995
Dobrogea province is composed by Constanta and Tulcea counties, situated in the South-eastern part of Romania, and it is known as one of the driest parts of Romania. The yearly amount of precipitations is no more than 400-450 mm. The yearly average temperature is around 10.5oC; the soils are of...
Persistent link: https://www.econbiz.de/10011288283
Should loss of earnings be compensated? The established law and economics wisdom considers pure economic loss as a transfer of wealth from the victim to a third party, whose earnings increase as a consequence of the accident. Such transfers do not amount to a social loss and, hence, should not...
Persistent link: https://www.econbiz.de/10010325460
nowcasting, and for post-disaster damage assessment. We focus on Fiji and on its agriculture sector, and on tropical cyclones … be used for both nowcasting and post-disaster damage assessments. …
Persistent link: https://www.econbiz.de/10014549270
development, but in others, disputes have erupted over land use, property rights, environmental damage, and revenue sharing …
Persistent link: https://www.econbiz.de/10014458227
Persistent link: https://www.econbiz.de/10010435662
Economic vulnerability is approached from micro- and macroeconomic perspectives. While the microeconomic perspective is … impact of these shocks on economic growth. This paper reviews the literature on macroeconomic vulnerability and finds that … there is no single approach to understanding macroeconomic vulnerability in the context of financial and economic crises in …
Persistent link: https://www.econbiz.de/10010293290
Much research to date has tended to view vulnerability by discipline or sector, yet individuals and households …-dimensional vulnerability is likely to become an increasingly important concept if the outlook over the next 15 to 25 years is one of multiple … intellectual strands involved in multi-dimensional vulnerability analysis. In light of the above, this paper reviews the literature …
Persistent link: https://www.econbiz.de/10010293292
This paper analyzes the determinants of households' decisions to purchase micro life insurance, the most common but least investigated type of microinsurance. It uses household survey data collected in southern Ghana in 2009. Insurance participation and extent of coverage are examined against a...
Persistent link: https://www.econbiz.de/10010293544
set of socio-demographic variables. Therefore, shocks perpetuate vulnerability to poverty via their effect on risk …
Persistent link: https://www.econbiz.de/10010294447