impact on GDP growth. Salience of rare disasters through media coverage increases the disaster probability by up to 7 …. Respondents perceive a high probability of costly, rare disasters in the near future due to climate change, but not much of an … percentage points. We analyze these findings through the lens of a New Keynesian model with rare disasters. First, we illustrate …

Notwithstanding the Ukrainian banking system's resilience under war, there are devaluation and inflation pressures. In … fundamental changes in monetary policy since the beginning of the full-scale war. The findings demonstrate a shift from the policy … that under the war, the NBU's monetary policy is effective in limiting devaluation processes due to the timely introduction …

identifying exogenous and unexpected fiscal shocks under the narrative approach: natural disasters and the associated government … emergency spending in the wake of such disasters. Our results suggest that when government spending increases, the responses of …