Abstract Since 1980, over 2,000 local governments in US Atlantic states have been hit by a
hurricane. We study local government fiscal dynamics in the aftermath of hurricanes. These …

Natural disasters are good examples of catastrophic events that may affect vote decisions. In
this study, we analyze how the occurrence of earthquakes changes voters' behavior at …

Climate change is increasing the frequency of natural disasters, which could make
municipal bonds a riskier asset class. We study the effects of natural disasters on municipal …

We examine the empirical relationship between the exposure to earthquake hazard and
civic capital in Italian municipalities. Drawing on the Italian National Institute of Geophysics …

We quantify the fiscal impacts of earthquakes in Japan. In contrast with earlier research
which examined national level aggregate spending in several countries, we are able to …

Poorer countries are generally found to be more vulnerable to weather extremes (Cavallo &
Noy, 2011) and to climate change (Tol, 2018). This is typically explained by the structure of …

Although catastrophes caused by extreme weather events are, by definition, rare at any
given time and place, on aggregate they happen regularly. According to the Emergency …

Natural disasters like floods not only lead to the displacement of residents and loss of lives
but are also associated with substantial economic costs. However, less is known about the …

Abstract “Natural” disasters" have negative consequences for the affected areas, including
significant economic impacts. Using a sample of European NUTS-3 regions over the period …

Natural disasters and related prevention policies can affect voter decisions. In this study, we
analyze how the occurrence of natural disasters changes voter behavior in municipal …