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While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to filling this gap in the literature by studying how...
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ein Grund für ein anhaltendes schwaches Wirtschaftswachstum in Entwicklungsländern? Der vorliegende Beitrag gibt einen …
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remittances increase after a disaster, thus contributing ex post to the reconstruction process. At the same time, we find that … remittances play a key role in terms of ex ante risk preparedness for those countries that experienced more disruptive events in … ex ante risk management strategy …
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fiscal policy efforts such as ad hoc fiscal rebalancing and reprioritization. The findings help better customize disaster … preparedness and mitigation efforts to countries' risk exposure along a particular loss dimension …
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. Because using a country's own disaster exposure as an instrument for aid inflows violates exogeneity assumptions, I instead … use the disaster exposure of a country's "aid neighbors," defined as its competitors for aid from donors. Using aid …
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