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earthquakes. Specifically, we test for changes in risk premia associated with soil liquefaction potential, previously a largely … change in the price of liquefaction risk in the low seismic area following the Canterbury earthquakes. However, we do find … earthquakes. These findings are all in accord with rational responses to risk following the earthquakes. However, the liquefaction …
Persistent link: https://www.econbiz.de/10013044268
Does emergency credit prevent long-term financial distress? We study the causal effects of government-provided recovery loans to small businesses following natural disasters. The rapid financial injection might enable viable firms to survive and grow or might hobble precarious firms with more...
Persistent link: https://www.econbiz.de/10014528366
The natural disasters have a potentially large impact on economic growth but measuring their economic impact is subject to a great deal of uncertainty. The central objective of our paper is to set forth a model – the natural disasters vulnerability evaluation (NDVE) model – to evaluate the...
Persistent link: https://www.econbiz.de/10014042914
This paper examines the effect of the L'Aquila earthquake on the academic performance of the students of the local university. Following this traumatic event, not only are students likely to have developed an acute stress disorder, but they have also experienced a significant disruption in their...
Persistent link: https://www.econbiz.de/10013026865
We analyze the impact of earthquakes on nighttime lights at a sub-national level, i.e. on grids of different size. We … geophysical event data on earthquakes together with satellite nighttime lights. Using panel fixed effects regressions covering the … entire world for the period 1992-2013 we find that earthquakes reduce both light growth rates and light levels significantly …
Persistent link: https://www.econbiz.de/10012892078
This paper studies the impact of the 1999 Colombian Earthquake on child nutrition and schooling. The identification strategy combines household survey data with event data on the timing and location of the earthquake, exploiting the exogenous exposure of children to the shock. The paper uniquely...
Persistent link: https://www.econbiz.de/10013091535
Abstract Social capital helps reduce adverse shocks by facilitating access to public transfers. This study examines how various measures of social capital are associated with disaster recovery from 2008 Sichuan earthquake. We find that households having a larger Spring Festival network in 2008...
Persistent link: https://www.econbiz.de/10013053652
encompasses two large-scale earthquakes that occurred in two different Italian regions in 1976 and 1980. We show that the short …
Persistent link: https://www.econbiz.de/10013056050
How does catastrophe-risk awareness affect selection patterns in catastrophe insurance markets? Catastrophe insurance is often provided by government entities and frequently involves substantial cross-subsidization between people facing very different levels of risk, which could generate adverse...
Persistent link: https://www.econbiz.de/10012899971
Social capital can help reduce adverse shocks by facilitating access to transfers and remittances.This study examines how various measures of social capital are associated with disaster recovery after the 2008 Sichuan earthquake. We find that households having a larger Spring Festival network in...
Persistent link: https://www.econbiz.de/10013061786