natural catastrophes. Amidst budgetary cuts, there is a growing concern on societies' ability to design solvent disaster …

financial losses caused by natural disasters. Regardless of this fact, in many countries in the world, insurance against natural … each country. For these reasons, the paper analyses various world experiences, taking into account countries with different … solution, the principles of insurance should be used, and the world practice indicates that it is possible only with the …

costs but also to natural disaster risks. Costly insurance and charity donation both lead to low insurance purchase. While …

's New Zealand earthquake to the rest of the world.This paper finds that the Japanese case is more typical: losses from … natural disasters are shared internationally to a generally very limited extent. This finding of home bias in disaster risk … international sharing of disaster risk. For advanced economies, a lack of international risk-sharing is correlated with a lack of …

effects on the macroeconomy. Research on disaster risks has also actively been pursued in the macroeconomic models of climate … change. Our paper uses insights from the former work to study disaster risks in the macroeconomics of climate change and to … spell out policy needs. Empirically the link between carbon dioxide emission and the frequency of climate related disaster …