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year 2100, while the ratio to world GDP is 0.006%. The US and China account for much of the absolute damage, whereas small …
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The ongoing process of climate change goes along with a higher frequency and/or severity of droughts. While the short-term growth consequences of droughts are comparatively well examined, little research has yet been devoted to the question whether and how droughts affect medium and long-term...
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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 …
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Why aren’t we investing more in disaster resilience, despite the rising costs of disaster events? This book argues that … disasters, and perceive the return on investment as uncertain - only realised if a somewhat unlikely disaster event actually … beyond only avoided losses (the first dividend) to the wider benefits gained independently of whether or not the disaster …
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