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The Economic and Fiscal Burdens of Disasters in the Pacific

Noy, Ilan - 2017

The Pacific Islands face the highest disaster risk, in per capita terms, globally. Examples of catastrophic events in the region include the 2009 tsunami in Samoa, the 2014 floods in the Solomon Islands, and the 2015 cyclone Pam in Vanuatu. Even without these catastrophic events, countries in...

Persistent link: https://www.econbiz.de/10012964696

At the Very Edge of a Storm : The Impact of a Distant Cyclone on Atoll Islands

Taupo, Tauisi - 2017

The intensity of cyclones in the Pacific is predicted to increase and sea levels are predicted to rise, so an atoll nation like Tuvalu can serve as the ‘canary in the mine' pointing to the new risks that are emerging because of climatic change. Based on a household survey we conducted in...

Persistent link: https://www.econbiz.de/10012965644

The Ethical Content of the Economic Analysis of Disasters : Price Gouging and Post-Disaster Recovery

Noy, Ilan - 2017

Economics, generally, is a discipline in which relatively little attention is devoted to language and terminology. As such, economists have not really attempted to define the concept of disasters very carefully, nor have they evaluated the ethics that are behind the economic analysis of...

Persistent link: https://www.econbiz.de/10012964378

The Unfortunate Regressivity of Public Natural Hazard Insurance : A Quantitative Analysis of a New Zealand Case

Owen, Sally - 2017

Natural hazard insurance is almost always provided through public-private partnerships. Given the dominant role of the public sector, it is surprising that equity issues have not faced more scrutiny with respect to the design of hazard insurance. We provide a detailed quantification of the...

Persistent link: https://www.econbiz.de/10012951694

Variation in Risk Seeking Behavior in a Natural Experiment on Large Losses Induced by a Natural Disaster

Page, Lionel - 2012

This study explores people's risk attitudes after having suffered large real-world losses following a natural disaster. Using the margins of the 2011 Australian floods (Brisbane) as a natural experimental setting, we find that homeowners who were victims of the floods and face large losses in...

Persistent link: https://www.econbiz.de/10013103582

Stock Market Integration in Asia : Global or Regional? Evidence from Industry Level Panel Convergence Tests

Caporale, Guglielmo Maria - 2017

This paper examines global and regional stock market integration in Asia at both the aggregate and disaggregate …

Persistent link: https://www.econbiz.de/10012953892

Global and Regional Financial Integration in Emerging Asia : Evidence from Stock Markets

Caporale, Guglielmo Maria - 2017

emerging Asia there is more regional than global integration, and that the former has become even stronger in the post-2008 …

Persistent link: https://www.econbiz.de/10012954357

Sources of Real Exchange Rate Volatility and International Financial Integration : A Dynamic GMM Panel Approach

Caporale, Guglielmo Maria - 2011

grouped into three regions (Latin America, Asia and MENA). Our findings suggest that different types of shocks (external, real …

Persistent link: https://www.econbiz.de/10013117985

Role of Production Networks in Sustaining and Rebalancing Asia's Growth

Thorbecke, Willem - 2012

economic growth in East Asia. Developed Asia produces technology-intensive intermediate goods and capital goods and ships them …, the ability of the rest of the world to absorb Asia's exports has decreased. Export production in some Asian countries has … facilitated by improving connectivity through increased investment in connecting infrastructure such as transport and …

Persistent link: https://www.econbiz.de/10013101411

International Financial Integration and Real Exchange Rate Long-Run Dynamics in Emerging Countries : Some Panel Evidence

Caporale, Guglielmo Maria - 2009

America, Asia and MENA). It covers the period 1979-2004, and carries out “second-generation” tests for non-stationary panels …

Persistent link: https://www.econbiz.de/10013155428