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This paper estimates the growth impact of disasters, with a focus on developing Asia and its subregions. It finds that … severe disasters slow down annual growth in the Pacific island countries by between 1 and 2 percentage points on average …
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intersection of disasters and migration in Asia and details the story of how disasters may affect mobility, from displacement to … impacts on mobility because of climate-related disasters and delves into the likely trends. Ultimately, it aims to show the …
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Using an economic model to assess welfare risk and resilience to disasters, this paper systematically tackles the … questions: 1) How much asset and welfare risks does each region in the Philippines face from riverine flood disasters? 2) How … resilient is each region to riverine flood disasters? and 3) What are the available interventions per region to strengthen …
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It has been argued that rare economic disasters can explain most asset pricing puzzles. If this is the case, perceived … the perceived risk of disasters (both probability and expected size) that is consistent with observed portfolios and … a college degree can be partially explained by expectations of stock market disasters only if one allows for a large …
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