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This paper examines the role of disaster shock in a one-sector, representative agent dynamic stochastic general …, consumption, and country spread to capture the economic effects of output, country risk, and exogenous natural disaster shocks … Belize. Similar findings between empirical and general frameworks show that disaster shocks in Central America and the …
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Natural disasters are common in the Pacific Island countries. Fiji has been affected by many of these disasters. The most recent cyclone exerted substantial damage to infrastructure, agricultural and industrial activity in Fiji. The aim of this article is to incorporate these damages into Fiji's...
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