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We investigate the economic impact of stochastic endogenous extreme events and insurance in a growth model. Our analytical results and computational experiments show that i) transparency of the insurance sector is the decisive requisite for abatement activities, implying substantial policy...
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change. This increase has an impact on the disaster insurance field, particularly in the calculation of premiums. Many … growth. Therefore, this research aims to develop premium models of natural disaster insurance that uniquely involve two new …, this study uses the model to estimate the premiums for natural disaster insurance in each province of Indonesia. The …
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Eine geschlossene ökonomische Theorie der Naturkatastrophen existiert bislang nicht. Arbeiten, die sich dieses Themas … zeitlicher Abgrenzung - letzteres im Sinne der Einwirkzeit nach Auftreten der Katastrophe - führt zu unterschiedlichen …
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This paper examines the implications of the mutual causality between environmental quality and economic growth. While economic growth deteriorates the environment through increasing amounts of pollution, the deteriorated environment in turn limits the possibility of further economic growth. In a...
Persistent link: https://www.econbiz.de/10010344293