better define the geographic area hit by the disaster. We examine two large-scale earthquakes that occurred in two different …

. Because using a country's own disaster exposure as an instrument for aid inflows violates exogeneity assumptions, I instead … use the disaster exposure of a country's "aid neighbors," defined as its competitors for aid from donors. Using aid …

institution play only a minor role in the mitigation of damage in the event of a natural disaster. …

against disaster losses. Across all levels of development, investment, international trade are the most important transmission …

theoretical model are then tested using a panel of data on natural disaster events at the country-year level, covering the period … 1979-2007. In line with recent literature, we find that natural disaster events exert a significant negative impact on … hypothesis that credit constraints cause disaster events to have more persistent effects on economic growth …

average. We find that countries that have in place disaster preparedness mechanisms and lower public debt have lower … probability of witnessing a significant drop in growth as a consequence of a natural disaster, but our innovative methodology in … this paper finds that the two policies are complements since their effectiveness vary across different disaster scenarios …