Showing 1 - 10 of 21,576
proposition that ex ante risk transfer policies are more efficient than ex post disaster relief. -- natural hazards ; growth …
Persistent link: https://www.econbiz.de/10009731161
Persistent link: https://www.econbiz.de/10003465138
We investigate the long-term macroeconomic effects of climate change across 48 U.S. states over the period 1963.2016 using a novel econometric strategy which links deviations of temperature and precipitation (weather) from their long-term moving-average historical norms (climate) to various...
Persistent link: https://www.econbiz.de/10012806494
investigate the mitigating impact of an agricultural cashtransfer program (PROCAMPO) and a disaster fund (Fonden) on the migration …
Persistent link: https://www.econbiz.de/10012806783
What is the likelihood that the U.S. will experience a devastating catastrophic event over the next few decades – something that would substantially reduce the capital stock, GDP and wealth? What does the possibility of such an event imply for the behavior of economic variables such as...
Persistent link: https://www.econbiz.de/10003889027
This paper places the COVID-19 pandemic into perspective by comparing it to other recent disasters in terms of impacts on the macroeconomy of the U.S. We present a short summary of advances in the state-of-the-art of economic consequence analysis, as well as estimates this approach yields on...
Persistent link: https://www.econbiz.de/10013242148
We document that natural disasters significantly weaken the stability of banks with business activities in affected regions, as reflected in lower z-scores, higher probabilities of default, higher non-performing assets ratios, higher foreclosure ratios, lower returns on assets and lower bank...
Persistent link: https://www.econbiz.de/10011603223
We estimate the causal effect of cash grants on household finance and business survival following a natural disaster …. Disaster-affected individuals in high damage blocks with access to cash grants have 17% less credit card debt following the … disaster than those without access to cash grants. Grants do not reduce negative financial outcomes, but do decrease migration …
Persistent link: https://www.econbiz.de/10012115987
We show that property damages from weather-related natural disasters significantly weaken the stability of banks with business activities in affected regions, as re ected in lower z-scores, higher probabilities of default, higher non-performing assets ratios, higher foreclosure ratios, lower...
Persistent link: https://www.econbiz.de/10012062094
The increase in weather and climate disasters in recent years has prompted an interest in analyzing their consequences and the mitigation and adaptation measures that can help minimize their potentially large impacts on individuals’ welfare. We match thirty-one billion-dollar disasters with...
Persistent link: https://www.econbiz.de/10014031671