This paper presents the Economic Security Index (ESI), a new, more comprehensive measure of economic insecurity. By combining data from multiple surveys, we create an integrated measure of volatility in available household resources, accounting for fluctuations in income and out-of-pocket...

Traditional risk assessments use asset losses as the main metric to measure the severity of a disaster. This paper proposes an expanded risk assessment based on a framework that adds socioeconomic resilience and uses wellbeing losses as the main measure of disaster severity. Using an agent-based...

Die vorliegende Publikation widmet sich erstmals ausführlich Gefährdungslagen sozialer Ausgrenzung im Sinne der Europa-2020-Strategie. In der Europa-2020-Strategie für ein intelligentes, nachhaltiges und integratives Wachstum wurde von den Mitgliedstaaten der Europäischen Union im Jahr 2010...

Though theory suggests financial globalization should improve international risk sharing, empirical support has been limited. We develop a simple welfare-based measure that captures how far countries are from the ideal of perfect risk sharing. We then take it to data and find international risk...