Showing 11 - 20 of 327,130
earthquakes in Italy resulted in sharply diverging electoral outcomes: while the 2012 Emilia quake did not alter voting behaviour …, the 2009 L’Aquila earthquake paved the way for an impressive and persistent surge in right-wing populism in the most … affected areas. Such heterogeneous patterns mainly originate from a stark contrast in post-disaster reconstruction processes …
Persistent link: https://www.econbiz.de/10012494012
This paper reviews the effect of natural disasters on human mobility or migration. Although there is an increase of … natural disasters and migration recently and more patterns to observe, the relationship remains complex. While some authors … find that disasters increase migration, others show that they have only a marginal or no effect or are even negative. Human …
Persistent link: https://www.econbiz.de/10011523266
better define the geographic area hit by the disaster. We examine two large-scale earthquakes that occurred in two different …We examine the impact of natural disasters on economic growth by applying a synthetic control approach. In contrast to …, institutional quality itself changes in response to the shock and these patterns are correlated to those of the TFP. Overall, our …
Persistent link: https://www.econbiz.de/10011543882
We analyze the way in which Latin American countries have adjusted to commodity terms of trade (CTOT) shocks in the 1970-2007 period. Specifically, we investigate the degree to which the active management of international reserves and exchange rates impacted the transmission of international...
Persistent link: https://www.econbiz.de/10009388370
We propose a small open economy model where agents borrow internationally and invest in liquid foreign assets to insure against liquidity shocks, which temporarily shut out the economy of short-term credit markets. Due to the presence of a pecuniary externality individual agents borrow too much...
Persistent link: https://www.econbiz.de/10012425195
This paper provides a historical background to contemporary debates on the international monetary system: their genesis, similarities, and differences of problems it has faced at different times. It looks sequentially at the design of the Bretton Woods system; the tensions it faced since the...
Persistent link: https://www.econbiz.de/10011532296
thispaper show that after the initial shock of foreign exchange reserves,the exchange rate appreciation occurs, which can be …
Persistent link: https://www.econbiz.de/10014566381
The share of U.S. dollar assets in the official foreign exchange reserve portfolios of central banks is sometimes taken as an indicator of dollar status. We show that the observed decline in the aggregate share of U.S. dollar assets does not stem from a systematic shift in currency preferences...
Persistent link: https://www.econbiz.de/10014501124
and economic exogeniety of windstorms-hurricanes and typhoons-and earthquakes this paper assess the often contrasting …
Persistent link: https://www.econbiz.de/10012753241
We compare the realised impact of terrorism and disasters linked to natural hazards. Using fifty years of data from two … databases covering 99 percent of the global population, we find that natural hazard disasters were more then 20 times more … cross-peril difference was in Asia, where natural hazard disasters took 324 million Lifeyears, while terrorism took ten …
Persistent link: https://www.econbiz.de/10013337593