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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 …
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average. We find that countries that have in place disaster preparedness mechanisms and lower public debt have lower … probability of witnessing a significant drop in growth as a consequence of a natural disaster, but our innovative methodology in … this paper finds that the two policies are complements since their effectiveness vary across different disaster scenarios …
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-making. On the theory side, there is a growing use of game theory, Input-Output, computable general equilibrium models, and … concerning disaster relief. On the empirical front, studies showing causal and associative relationships between disasters and … socio-economic variables are important for estimating disaster-related losses and making appropriate policy suggestions. The …
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