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 …

post-disaster relief and recovery efforts. This paper estimates the effects of severe natural disasters on fiscal revenues … and expenditure in PICs. These are combined with information on the frequency of large disasters to calculate the rate of … budgetary savings needed to build appropriate fiscal buffers. Fiscal buffers provide self-insurance against natural disaster …

common than official flood maps would predict, suggesting that local knowledge may also mitigate disaster impacts. …