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Long-term growth effects of natural disasters : empirical evidence for droughts

Berlemann, Michael; Wenzel, Daniela - 2015

The ongoing process of climate change goes along with a higher frequency and/or severity of droughts. While the short-term growth consequences of droughts are comparatively well examined, little research has yet been devoted to the question whether and how droughts affect medium and long-term...

Persistent link: https://www.econbiz.de/10011384506

Escaping Damocles' sword : endogenous climate shocks in a growing economy

Bretschger, Lucas; Vinogradova, Alexandra - 2018

Climate economics has been criticized for ignoring uncertainty, catastrophic changes, and tipping points (Stern 2016). The present paper addresses these issues. We consider multiple climate shocks which are recurring, random, uninsurable, and potentially large. The associated damages and the...

Persistent link: https://www.econbiz.de/10011857735

Managing the impact of climate change on migration : evidence from Mexico

Chort, Isabelle; De La Rupelle, Maëlys - 2017

disaster fund (Fonden). Our results suggest that lower than average precipitations increase undocumented migration, especially …

Persistent link: https://www.econbiz.de/10012114072

(Not) going to school in times of climate change : natural disasters and student achievement

Gust, Sarah - 2024

their impact on student achievement by combining US county-level data on FEMA disaster declarations with the Stanford … post disaster. Counties with above-average per-pupil expenditure show quicker recovery. The study sheds light on effect … heterogeneity by gender, socio-economic background, and disaster characteristics. …

Persistent link: https://www.econbiz.de/10015080736

Long-term macroeconomic effects of climate change : a cross-country analysis

Kahn, Matthew E.; Mohaddes, Kamiar; Ng, Ryan N. C.; … - 2019

world real GDP per capita by 7.22 percent by 2100. On the other hand, abiding by the Paris Agreement, thereby limiting the …

Persistent link: https://www.econbiz.de/10012031151

The Macroeconomic Returns of Investment in Resilience to Natural Disasters Under Climate Change : A DSGE Approach

Corugedo, Emilio Fernández; Gonzalez Gomez, Andres; … - 2023

This paper presents a Markov switching dynamic stochastic general equilibrium model designed to evaluate the macroeconomic return of adaptation investment to natural disasters (NDs) and the impact of climate change. While the model follows the existing literature in assuming that NDs destroy a...

Persistent link: https://www.econbiz.de/10014353544

Macroeconomic and financial effects of natural disasters

Eickmeier, Sandra; Quast, Josefine; Schüler, Yves - 2024

We examine how the occurrence of natural disasters impact the US economy and financial markets using monthly data since 2000. Our analysis reveals large sustained adverse effects of disasters on overall economic activity, with significant implications across various sectors including labor,...

Persistent link: https://www.econbiz.de/10015205420

Direct and indirect effects of weather experiences on life satisfaction : which role for climate change expectations?

Osberghaus, Daniel; Kühling, Jan - 2014

This paper deals with the effect of (i) damage experience from extreme weather events and (ii) expectations concerning future climate change on subjective wellbeing (SWB). We use data of a large representative survey amongst German households. The effect of experienced weather events on SWB of...

Persistent link: https://www.econbiz.de/10010384641

Global increase in climate-related disasters

Thomas, Vinod; López, Ramón - 2015

side and anthropogenic climate change on the other? This paper considers three main disaster risk factors - rising … intense climate-related natural disasters. In a regression analysis within a model of disaster risk determination for 1971 … implication is that climate mitigation and climate adaptation should form part of actions for disaster risk reduction. …

Persistent link: https://www.econbiz.de/10011404649

Extreme weather events and climate change : economic impacts and adaptation policies

Ferreira, Susana - 2024

adaptation by directly providing public goods to manage disaster risks or by facilitating private agents' adaptation responses …

Persistent link: https://www.econbiz.de/10014454717