Changes in Natural Disaster Risk: Macroeconomic Responses in Selected Latin American Countries
This paper studies the theoretical effects of changes in disaster risk on macroeconomic variables in five Latin American economies. It compares country-specific variants of the New Keynesian model with disaster risk developed by Isoré and Szczerbowicz (2017). Countries with higher price flexibility,...
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| Format: | Article |
| Language: | English |
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MDPI AG
2018-02-01
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| Series: | Economies |
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| Online Access: | http://www.mdpi.com/2227-7099/6/1/13 |