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We provide the planner's solution to a model where households learn from exogenous natural disaster arrivals about arrival rates and spend to mitigate future damages. Mitigation cannot be decentralized due to positive externalities from curtailing aggregate risks. First-best can be implemented...
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1. Disaster probability, optimal government expenditure for disaster prevention and mitigation, and expected economic growth -- 2. Evaluation of Comprehensive Economic Loss of COVID-19 Epidemic Disaster Based on CGE Model -- 3. Natural disasters, economic growth and sustainable development in...
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This paper examines the effect of preferences for liquidity on the relationship between disasters and growth along with disaster risk management. It further demonstrates that preferences for liquidity lead to less consumption. Moreover, from preferences for liquidity perspective, our model can...
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This book is a machine-generated literature overview that explores the theoretical and empirical aspects of economics of natural disasters such as floods, cyclones, droughts, and earthquakes from a policy perspective. It provides a comprehensive collection of economic theories in Disasters and...
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This book uses cutting-edge methods, such as big data mining methods on social media, generalized difference in difference, inoperational input-output models, improved data envelopment analysis, improved computable general equilibrium and others to calculate the economic impacts of climate and...
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