Not very. We find that weather disasters over the last quarter century had insignificant or small effects on U.S. banks' performance. This stability seems endogenous rather than a mere reflection of federal aid. Disasters increase loan demand, which offsets losses and actually boosts profits at...

Chapter 1 Financial Impact of Mega Disasters – Introduction -- Chapter 2 Japan’s Disaster Risk Financing – Framework and Policies -- Chapter 3 Analysis of the Possible Impact of a Tokyo Mega Earthquake on Japanese Public Finance -- Chapter 4 Law and Policy Responses to Disaster-induced...

The study provides an assessment of the disaster risk financing mechanisms in the Philippines. It looks at the sources and levels of disaster financing specifically for recovery and reconstruction. It also looks at the adequacy and execution of the current disaster risk finance and insurance...

Using a novel approach based on hurricanes, this paper contributes to the recent debate on whether nonfundamental price variations affect real economic activities. Hurricanes create liquidity demand from investors living in disaster zones. This translates into additional outflows for mutual...