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Most of the literature on the economics of catastrophes assumes that such events cause a reduction in the stream of consumption, as opposed to widespread fatalities. Here we show how to incorporate death in a model of catastrophe avoidance, and how a catastrophic loss of life can be expressed as...
Persistent link: https://www.econbiz.de/10012419728
Forced displacement as a consequence of wars, civil conflicts, or natural disasters does not only have contemporaneous …
Persistent link: https://www.econbiz.de/10013177638
Forced displacement as a consequence of wars, civil conflicts, or natural disasters does not only have contemporaneous …
Persistent link: https://www.econbiz.de/10013177760
programs. While community resilience was stated to be the core of RA 10121, institutional structures still need to strengthen …
Persistent link: https://www.econbiz.de/10012619126
. Respondents perceive a high probability of costly, rare disasters in the near future due to climate change, but not much of an … impact on GDP growth. Salience of rare disasters through media coverage increases the disaster probability by up to 7 … percentage points. We analyze these findings through the lens of a New Keynesian model with rare disasters. First, we illustrate …
Persistent link: https://www.econbiz.de/10012623192
consumers. Respondents expect not much of an impact on GDP growth, but perceive a high probability of costly, rare disasters … consumption, various information treatments and over time. We calibrate a New Keynesian model with rare disasters to key results …
Persistent link: https://www.econbiz.de/10014285751
disasters has affected corruption within the public sector. There are a number of new findings from this study. (1) Disaster …) The effect of disasters is greater in developed countries than in developing countries. (3) In the developed countries …, frequency of occurrence of disaster plays important role on increasing corruption. This suggests that foreseeable disasters …
Persistent link: https://www.econbiz.de/10010464529
political factors determine the resource base and networks available for responding to the hazard or resilience. These factors …
Persistent link: https://www.econbiz.de/10010319060
explanatory power. Rather, we focus on the dynamics of growth following external exogenous shocks (natural disasters). We argue …
Persistent link: https://www.econbiz.de/10010285333
This paper examines the effect of capital subsidies after great disasters on the recovery of small and medium …
Persistent link: https://www.econbiz.de/10012429378