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Large shocks, such as natural disasters, are often found to have little or no effect on the equilibrium distribution of …
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. Respondents perceive a high probability of costly, rare disasters in the near future due to climate change, but not much of an … impact on GDP growth. Salience of rare disasters through media coverage increases the disaster probability by up to 7 … percentage points. We analyze these findings through the lens of a New Keynesian model with rare disasters. First, we illustrate …
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After 1980's as a result of neo-liberal policies in development strategies of Turkey, coastal areas exposed a massive … tourism sector development caused population growth and agglomeration of real estate investments in these areas. Also, this … understanding and assessing the vulnerability of these areas with regards to continuing trends of environmental and social change …
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empirically versus other resilience/vulnerability indicators. This is the approach which will be used in the present paper …. Vulnerability refers to the degree to which a system is susceptible to harm. In general, the concept of vulnerability has had … units can provide good insights into resilience and vulnerability measures. The country of interest in this paper is …
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