El principal objetivo de este trabajo consiste en evaluar el estado en el que quedó el municipio de Santa Lucía, Atlántico después dela inundación que se produjo como consecuencia de la ruptura del Canal del Dique, el 30 de noviembre de 2010. Con este fin se presentancifras relacionadas con...

El principal objetivo de este trabajo consiste en realizar una evaluación del estado en que quedó el sur del Departamento del Atlántico, en particular el Municipio de Santa Lucía, después de la inundación que se produjo como consecuencia de la ruptura del Canal del Dique, el 30 de...

The study of natural catastrophe models plays an important role in the prevention and mitigation of disasters. After the occurrence of a natural disaster, the reconstruction can be financed with catastrophe bonds (CAT bonds) or reinsurance. This paper examines the calibration of a real...

It is widely recognized that "market failure" prevents efficient risksharing in natural disaster insurance. As a consequence, many countriesadopted institutional frameworks presenting public sector participation,often praised as public-private partnerships. We define risk selection asa situation...

This paper explores implications of climate change for fiscal policy by assessing theimpact of large scale extreme weather events on changes in public budgets. We applyalternative measures for large scale extreme weather events and conclude that thebudgetary impact of such events ranges between...

Environmental policy often has to be devised under informational constraints,like uncertainty and asymmetric information. We consider an environmentalpolicy that aims at reducing the welfare losses caused by asymmetricinformation while being sufficiently simple for implementation. Inthis policy,...

We examine an incentive scheme for a group of agents, where all agents are rewarded ifthe group meets its target. If the group does not meet its target, only the agents that meettheir individual target are rewarded. In environmental policy, the EU burden sharingagreement and the UK Climate...

Climate change is projected to increase the frequency and intensity of extremely hot days. We use a panel regression framework at the sub-national (i.e., region) level to identify the effect of extreme heat on economic growth in Latin America accounting for acclimation to the season and to the...

El cambio climático (CC) representa uno de los desafíos globales más grandes en la actualidad. A nivel global, las emisiones de dióxido de carbono (CO2) provenientes del sector transporte representan el 25% del total. En el caso de América Latina y el Caribe (ALC), el sector genera el 40%...

Associated with climate change are the rising frequency, probability, and intensity of natural hazards, as stated by IPCC (2014). To contribute to the evaluation of climate change consequences, we study the impact of river floods caused by torrential rain periods, which are supposed to become...