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How much of the historical 7%/year equity premium could have been risk compensation for disasters that just happened … “conservative diffuse prior” approach for dealing with black-swan risk …
Persistent link: https://www.econbiz.de/10013004886
The United Nations Sendai (2015) framework aims to reduce disaster risk. We offer a careful definition and computation … of the individual and property risk targets. Selecting the largest and better studied class of “natural disasters” over … the period 1970-2018, we show that individual risk is “likely” falling, that property risk is neither rising nor falling …
Persistent link: https://www.econbiz.de/10012852956
established as an important model for Korea's disaster risk reduction activities. …Since the 1990s, efforts have been made to reduce the damage caused by natural disasters, among which the Disaster …
Persistent link: https://www.econbiz.de/10012703963
their clients’ natural disaster risk … disaster area. We find robust evidence that banks charge significantly higher loan spreads for firms located in the … neighborhood of the disaster area than for remote firms. The results are not driven by regional spillovers, limited credit supply …
Persistent link: https://www.econbiz.de/10013220674
We provide the planner's solution to a model where households learn from exogenous natural disaster arrivals about … since disaster leads to pessimistic arrival-rate beliefs and taxes or mandates to fund mitigation, which reduce consumption …
Persistent link: https://www.econbiz.de/10012482023
development prospects of affected regions. As such, climate change reinforces the development case for investment in disaster risk … complicates disaster risk management investment decisions, the analysis presented here shows that these considerations are only … for disaster risk management investment decisions. Accounting for climate uncertainty is likely to shift the optimal …
Persistent link: https://www.econbiz.de/10012246260
. This ongoing vulnerability to natural disasters has led Armenia to appreciate the advantages of developing a comprehensive … established a cabinet-level Minister responsible for disaster response. Government may wish to build on these achievements. The … report is also based on a study carried out in Armenia under the Global Facility for Disaster Reduction and Recovery (GFDRR …
Persistent link: https://www.econbiz.de/10012247136
This report seeks to further the body of disaster risk management (DRM) knowledge in Santa Catarina by identifying …
Persistent link: https://www.econbiz.de/10012247351
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