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 …

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 …

In March 2015, a new international blueprint for disaster risk reduction (DRR) has been adopted in Sendai, Japan, at … the end of the Third UN World Conference on Disaster Risk Reduction (WCDRR, March 14 - 18, 2015). We review and discuss …

consistent with theories that emphasize globally shared disaster risk and time-varying disaster risk as important driving forces …This paper examines whether rare disaster can predict stock returns. We construct an aggregate rare disaster index by … imposing the partial least square (PLS) approach on six news-implied rare disaster proxies of Manela and Moreira (2017). Our …

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 …