Models of ecological inference (EI) have to rely on crucial assumptions about the individual-level data-generating process, which cannot be tested because of the unavailability of these data. However, these assumptions may be violated by the unknown data and this may lead to serious bias of...

Recent research in financial economics has shown that rare large disasters have the potential to disrupt financial sectors via the destruction of capital stocks and jumps in risk premia. These disruptions often entail negative feedback effects on the macroeconomy. Research on disaster risks has...

Recent research in financial economics has shown that rare large disasters have the potential to disrupt financial sectors via the destruction of capital stocks and jumps in risk premia. These disruptions often entail negative feedback e?ects on the macroecon-omy. Research on disaster risks has...