In March 2015, a new international blueprint for disaster risk reduction (DRR) has been adopted in Sendai, Japan, at … the end of the Third UN World Conference on Disaster Risk Reduction (WCDRR, March 14 - 18, 2015). We review and discuss …

consistent with theories that emphasize globally shared disaster risk and time-varying disaster risk as important driving forces …This paper examines whether rare disaster can predict stock returns. We construct an aggregate rare disaster index by … imposing the partial least square (PLS) approach on six news-implied rare disaster proxies of Manela and Moreira (2017). Our …

We provide the planner's solution to a model where households learn from exogenous natural disaster arrivals about … since disaster leads to pessimistic arrival-rate beliefs and taxes or mandates to fund mitigation, which reduce consumption …

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 …