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We evaluate the change in international reserves in the aftermath of significant external shocks. We examine the response of international reserves to shocks by using a quasi-experimental setup and focusing on earthquakes. The estimation is done on a panel of 103 countries over the period...
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such, economists have not really attempted to define the concept of disasters very carefully, nor have they evaluated the … ethics that are behind the economic analysis of disasters. Given this absence, we believe that a better understanding of the … ways in which the discipline approaches the topic of disasters and its ethics is gained not by examining the multitude of …
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