disaster shock on economic activity and on uncertainty is studied using a VAR. While past natural disasters are local in nature … of large disaster shocks. Even in a fairly conservative case where COVID-19 is a 5-month shock with its magnitude … calibrated by the cost of March 2020 Coronavirus relief packages, the shock is forecast to lead to a cumulative loss in …

of imports from Japan due to the Fukushima disaster in 2011 lead to an increase in the lumpiness of imports from Japan …. Using China and the USA as control groups it is found that the Fukushima trade cost shock reduced the average number of …

Climate-related natural disaster shocks are expected to rise as the earth is getting warmer, which will adversely … of development gains and exacerbate inequality. To cope with increasing disaster risks, both short-term adaptation … strategies like relocation, government transfers, and other social safety nets, as well as long-term strategies like disaster …