for disaster shocks for the Pacific islands. Better incorporating the economic impact of natural disasters in the medium …

targets with expected disaster shocks. This paper contributes to the literature and policy dialogue by theoretically analyzing …

A growing literature estimates the macroeconomic effect of weather using variations in annual country-level averages of … frequency or higher spatial resolution. To address this issue, we rely on global daily weather measurements with a 30-km spatial … resolution from 1979 to 2019 and construct 164 weather variables and their lags. We select a parsimonious subset of relevant …

drops by 0.7 percentage point in the year of the disaster. We also find that, during 1980-2014, trend growth was 0 …

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 …

that could substantially improve disaster-resilience. Results show that (i) climaterelated disasters have a significant … negative impact on medium-term growth, especially for sub-Saharan Africa; and (ii) a disaster’s intensity matters much more …

experience suggests there are ways to strengthen policy frameworks to increase resilience to natural disaster shocks, including …