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Kahn (2005) found that ethnic heterogeneity reduces the number of deaths caused by natural disasters, a finding that is contrary to theoretical predictions. This paper casts doubt on this finding and uses cross-country data from 1965 to 2008 to conduct a re-estimation. To alleviate omitted...
Persistent link: https://www.econbiz.de/10011524862
Kahn (2005) found that ethnic heterogeneity reduces the number of deaths caused by natural disasters, a finding that is contrary to theoretical predictions. This paper casts doubt on this finding and uses cross-country data from 1965 to 2008 to conduct a re-estimation. To alleviate omitted...
Persistent link: https://www.econbiz.de/10011496158
Kahn (2005) found that ethnic heterogeneity reduces the number of deaths caused by natural disasters, a finding that is contrary to theoretical predictions. This paper casts doubt on this finding and uses cross-country data from 1965 to 2008 to conduct a re-estimation. To alleviate omitted...
Persistent link: https://www.econbiz.de/10009283192
-surplus regions suggest that in situations where all producers are subjected to a common source of risk (e.g. rainfall): I …
Persistent link: https://www.econbiz.de/10005616632
-probability extreme events on environmental policy in a continuous-time real options model with “tail risk”. In a nutshell, our results … indicate the importance of tail risk and call for foresighted pre-emptive climate policies. -- Climate Policy ; Extreme Events …
Persistent link: https://www.econbiz.de/10003977579
-probability extreme events on environmental policy in a continuous-time real options model with "tail risk". In a nutshell, our results … indicate the importance of tail risk and call for foresighted pre-emptive climate policies. -- climate policy ; extreme events …
Persistent link: https://www.econbiz.de/10003994530
Recent theoretical work in the economics of climate change has suggested that climate policy is highly sensitive to "fat-tailed" risks of catastrophic outcomes (Weitzman, 2009b). Such risks are suggested to be an inevitable consequence of scientific uncertainty about the effects of increased...
Persistent link: https://www.econbiz.de/10010199723
disaster outcomes. Using panel data from 98 countries, this paper examines how public sector corruption is associated with the …
Persistent link: https://www.econbiz.de/10011526947
Individual risk preference may change after experiencing external socio-economic or natural shocks. Theoretical … predictions and empirical studies suggest that risk taking may increase or decrease after experiencing shocks. So far the … whether experiencing financial and health-related damage caused by storms affects risk preference of individuals in Germany …
Persistent link: https://www.econbiz.de/10011454120
Recent theoretical work in the economics of climate change has suggested that climate policy is highly sensitive to 'fat-tailed' risks of catastrophic outcomes (Weitzman, 2009). Such risks are suggested to be an inevitable consequence of scientific uncertainty about the effects of increased...
Persistent link: https://www.econbiz.de/10013127841