shown by the survey, the marginalized population has little access to financial support in disaster aftermaths, and …

This paper studies the theoretical effects of changes in disaster risk on macroeconomic variables in five Latin … American economies. It compares country-specific variants of the New Keynesian model with disaster risk developed by Isoré and … less vulnerable to disaster risk shocks, as compared to Chile and Colombia in particular. Overall, the analysis suggests …

economies, face much larger output declines following a disaster of similar relative magnitude than do developed countries or … trade, and higher levels of government spending are better able to withstand the initial disaster shock and prevent further …

proposition that ex ante risk transfer policies are more efficient than ex post disaster relief. -- natural hazards ; growth …

literature does not offer conclusive evidence. Most existing studies use disaster data drawn from damage records of insurance … GDP. We build a comprehensive database of disaster events and their intensities from primary geophysical and … effect of disasters on growth. The worst 5% disaster years come with a growth damage of at least 0.45 percentage points. That …

probability of disaster occurrence to decrease with income; (ii) the capital at risk – and thus the economic losses in case of … disaster – to increase faster than economic growth; (iii) the average annual losses to grow faster than income at low levels of … observation of a trend in disaster losses should not be confused with the presence of excessive risk taking. In a descriptive …

literature does not offer conclusive evidence. Most existing studies use disaster data drawn from damage records of insurance … GDP. We build a comprehensive database of disaster events and their intensities from primary geophysical and … effect of disasters on growth. The worst 5% disaster years come with a growth damage of at least 0.45 percentage points. That …