Natural disasters bring tremendous destruction to small island economies in the South Pacific region. Foreign development aid, as an important source of green finance in the region, has the fundamental purpose of reducing natural disasters' effect on the small island economies. With country...

Within the context of a transition economy, this paper estimates how improved access to employment centers is capitalized into house price. We conduct an event study for the opening of subway Line 6 in Pudong district, Shanghai, China. The new line significantly reduces the commuting time to...