year 2100, while the ratio to world GDP is 0.006%. The US and China account for much of the absolute damage, whereas small …

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 …

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 …

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 …

disaster regions have significantly higher turnover, lower leverage, and higher cash in the period after 2013. We provide … evidence that the effects stem from firms that already experienced a similar major disaster in 2002. Overall, our results … document a positive net effect on firm performance in the direct aftermath of a natural disaster. …