As the world becomes wealthier over time, inflation-adjusted insured damages from natural disasters go up as well. This article analyzes whether there is still a significant upward trend once insured natural disaster loss has been normalized. By scaling up loss from past disasters, normalization...

This book is a machine-generated literature overview that explores the theoretical and empirical aspects of economics of natural disasters such as floods, cyclones, droughts, and earthquakes from a policy perspective. It provides a comprehensive collection of economic theories in Disasters and...