have occurred frequently in the recent past.  Unsurprisingly, adverse shocks reduce the short-term growth of constant …-price GDP and we analyze which structural policies help to minimize these losses.  Structural policies are incentives and … the literature.  We show that some previously neglected structural policies have large effects that are specific to …

have occurred frequently in the recent past. Unsurprisingly, adverse shocks reduce the short-term growth of constant …-price GDP and we analyze which structural policies help to minimize these losses. Structural policies are incentives and … the literature. We show that some previously neglected structural policies have large effects that are specific to …

reduce the growth of constant-price GDP and we analyze which structural policies help to minimize these losses. Structural … policies are incentives and regulations that are maintained for long periods, contrasting with policy responses to shocks the … analysis of which has dominated the literature. We show that structural policies have large effects. In particular, policies …

shocks reduce the short-term growth of constant-price GDP and we analyse which structural policies help to minimize these … losses. Structural policies are incentives and regulations that are maintained for long periods, contrasting with policy … policies have large effects that are specific to particular types of shock. In particular, regulations which reduce the speed …

shocks reduce the short-term growth of constant-price GDP and we analyse which structural policies help to minimize these … losses. Structural policies are incentives and regulations that are maintained for long periods, contrasting with policy … policies have large effects that are specific to particular types of shock. In particular, regulations which reduce the speed …

will face increasing challenges to remain globally competitive and maintain high living standards. Future growth will need … rate, which potentially harm economic activity. To improve the sustainability of growth, revenues from non …

will face increasing challenges to remain globally competitive and maintain high living standards. Future growth will need … rate, which potentially harm economic activity. To improve the sustainability of growth, revenues from non …

This paper estimates the impact of catastrophic natural disasters on economic growth using an event study methodology …-suffer an average loss between 2.1 and 3.7 percentage points (p.p.). The estimated loss is not offset by above-average growth … effects on growth are negligible. Thus, the negative impacts of natural disasters on economic growth are larger for poorer …