Pandemic bonds can be used as an effective tool to mitigate the economic losses that governments face during pandemics and transfer them to the global capital market. Once considered as an "uninsurable" event, pandemic bonds caught the attention of the world with the issuance of pandemic bonds...

In this paper, a simple integrated model for the joint assessment of epidemic and economic dynamics is developed. The model can be used to discuss mitigation policies like shutdown and testing. Since epidemics cause output losses due to a reduced labor force, temporarily reducing economic...

In this paper, a simple integrated model for the joint assessment of epidemic and economic dynamics is developed. The model can be used to discuss mitigation policies like shutdown and testing. Since epidemics cause output losses due to a reduced labor force, temporarily reducing economic...

This paper investigates systemic risk and contagion processes in the inter-bank network using network science methods. The inter-bank network consisting 10 banks, similar to the real world inter-bank networks, is studied to understand the contagion process in the network regarding changes in the...

This paper investigates systemic risk and contagion processes in the inter-bank network using network science methods. The inter-bank network consisting 10 banks, similar to the real world inter-bank networks, is studied to understand the contagion process in the network regarding changes in the...

Migrants' remittances should b e considered as one of the determinants of migration ows, since they have an economic impact on recipient economies, and can play a signaling role concerning the actual economic conditions in countries. In b oth cases, the decision to migrate may b e interpreted as...

Recent World Animal Health Organization (OIE) reports on Avian Influenza (AI) outbreaks in Asia, Europe and Canada suggest that there is a nonzero probability that anoutbreak may occur anywhere in the world, including the US. To help evaluate possible policy in the face of such an event, this...

Foreign animal disease can cause serious damage to the United States (US) agriculturalsector and foot-and-mouth disease (FMD), in particular, poses a serious threat. FMDcauses death and reduced fecundity in infected animals, as well as significant economicconsequences. FMD damages can likely be...