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After the Storm : How Emergency Liquidity Helps Small Businesses Following Natural Disasters
Collier, Benjamin L.; Howell, Sabrina T.; Rendell, Lea - National Bureau of Economic Research - 2024
Does emergency credit prevent long-term financial distress? We study the causal effects of government-provided recovery loans to small businesses following natural disasters. The rapid financial injection might enable viable firms to survive and grow or might hobble precarious firms with more...
Persistent link: https://www.econbiz.de/10014528366
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Calibrating CAT bonds for Mexican earthquakes
Härdle, Wolfgang (contributor);  … - 2007
. This paper examines the calibration of a real parametric CAT bond for earthquakes that was sponsored by the Mexican … variables can affect the value of the losses caused by earthquakes, e.g. magnitude, depth, city impact, etc., we also derive the … price of a hypothetical modeled-index (zero) coupon CAT bond for earthquakes, which is based on a compound doubly stochastic …
Persistent link: https://www.econbiz.de/10003633993
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Environmental disasters and migration
Mbaye, Linguère Mously; Zimmermann, Klaus F. - 2015
This paper reviews the effect of environmental disasters on migration. Although there is an increase of environmental disasters and migration over the past years, the relationship is complex. While some authors find that environmental disasters increase migration, others show that they have only...
Persistent link: https://www.econbiz.de/10011346755
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Estimating the direct economic damage of the earthquake in Haiti
Cavallo, Eduardo A.; Powell, Andrew; Becerra, Oscar - 2010
This paper uses simple regression techniques to make an initial assessment of the monetary damages caused by the January 12, 2010 earthquake that struck Haiti. Damages are estimated for a disaster with both 200,000 and 250,000 total dead and missing (i.e., the range of mortality that the...
Persistent link: https://www.econbiz.de/10010247138
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Trust and happiness : comparative study before and after the Great East Japan Earthquake
Yamamura, Eiji; Tsutsui, Yoshirō; Yamane, Chisako; … - 2014
The positive relationship between trust and happiness has been demonstrated by the literature. However, it is not clear how much this relationship depends on environmental conditions. The Great East Japan Earthquake of 2011 is considered one of the most catastrophic events in human history. This...
Persistent link: https://www.econbiz.de/10010370803
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Natural disasters and social capital formation : the impact of the Great Hanshin-Awaji earthquake
Yamamura, Eiji - 2013
The Great Hanshin-Awaji (Kobe) earthquake struck Japan in 1995, causing devastating damage to the economic landscape of south-central Japan. The earthquake also caused people to realize the importance of social capital in Japan. Based on a large, individual-level database comprising 488,223...
Persistent link: https://www.econbiz.de/10011527094
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Natural disasters, growth and institutions : a tale of two earthquakes
Barone, Guglielmo; Mocetti, Sauro - 2013
better define the geographic area hit by the disaster. We examine two large-scale earthquakes that occurred in two different …
Persistent link: https://www.econbiz.de/10011543882
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The academic impact of natural disasters : evidence from L'Aquila earthquake
Di Pietro, Giorgio - 2015
This paper examines the effect of the L'Aquila earthquake on the academic performance of the students of the local university. Following this traumatic event, not only are students likely to have developed an acute stress disorder, but they have also experienced a significant disruption in their...
Persistent link: https://www.econbiz.de/10010488274
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Voter reaction to government incompetence and corruption related to the 1999 earthquakes in Turkey
Akarca, Ali T.; Tansel, Aysıt - 2015
Two major earthquakes which struck northwestern Turkey in 1999 exposed rampant corruption involving construction and … each of these methods. Not just those ruling at the time of the earthquakes, but also other parties which were in power …
Persistent link: https://www.econbiz.de/10011293516
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Persistent Impact of Natural Disasters on Child Nutrition and Schooling : Evidence from the 1999 Colombian Earthquake
Bustelo, Monserrat - 2013
This paper studies the impact of the 1999 Colombian Earthquake on child nutrition and schooling. The identification strategy combines household survey data with event data on the timing and location of the earthquake, exploiting the exogenous exposure of children to the shock. The paper uniquely...
Persistent link: https://www.econbiz.de/10013091535