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Persistent link: https://www.econbiz.de/10010395164
pre-disaster trend, and do not recover within twenty years. Both rich and poor countries exhibit this response, with … suppression of annual growth rates spread across the fifteen years following disaster, generating large and significant cumulative … continuous exposure to disaster. Linking these results to projections of future cyclone activity, we estimate that under …
Persistent link: https://www.econbiz.de/10013049691
pre-disaster trend, and do not recover within twenty years. Both rich and poor countries exhibit this response, with … suppression of annual growth rates spread across the fifteen years following disaster, generating large and significant cumulative … continuous exposure to disaster. Linking these results to projections of future cyclone activity, we estimate that under …
Persistent link: https://www.econbiz.de/10012458315
year 2100, while the ratio to world GDP is 0.006%. The US and China account for much of the absolute damage, whereas small …
Persistent link: https://www.econbiz.de/10003770272
Persistent link: https://www.econbiz.de/10010209527
Hydro-meteorological disasters have caused increasing losses in recent years. Efficient risk reduction policies require accurate assessment approaches, with careful consideration of costs, beyond direct tangible costs, which are commonly used in practice. Faced with possible risk reduction...
Persistent link: https://www.econbiz.de/10013076999
We propose a news-implied rare disaster risk indicator and study its predictive power on the returns of U.S. Treasury … not spanned by the current yield curve. The disaster risk factor delivers a counter cycle bond risk premium, and the … predictability of disaster risk is more significant during periods of economic downturn. Our empirical findings show that disaster …
Persistent link: https://www.econbiz.de/10012860176
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As the severity and frequency of natural disasters become more pronounced with climate change and the increased habitation of at-risk areas, it is important to understand people's resilience to them. We quantify resilience by estimating how natural disasters in the US impacted individual...
Persistent link: https://www.econbiz.de/10012500810
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