major disaster region underweight disaster zone stocks to a much greater degree than distant managers and that this aversion … to disaster zone stocks is related to a salience bias that decreases over time and distance from the disaster, rather …

expenditures and financial risks. Understanding the impacts of disaster risk on sovereign assets and liabilities plays a key part … in understanding the potential impact of sovereign disaster risk finance strategies which allow governments to reduce the … Management (SALM) framework is a new and comprehensive way of looking at the potential impact of a disaster on the public sector …

This paper examines households' self-insurance in financial markets when a rare personal disaster, such as disability … or long-term unemployment, may occur during working years. Personal disaster risk alters lifetime ex-ante investment … choices, even if most workers will not experience a disaster. Uncertainty about the size of human capital losses, which …