The Economic and Policy Consequences of Catastrophes
What is the likelihood that the U.S. will experience a devastating catastrophic event over the next few decades – something that would substantially reduce the capital stock, GDP and wealth? What does the possibility of such an event imply for the behavior of economic variables such as investment, i...
| Autori principali: | , |
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| Natura: | Working Paper |
| Lingua: | en_US |
| Pubblicazione: |
Cambridge, MA; Alfred P. Sloan School of Management, Massachusetts Institute of Technology
2011
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| Soggetti: | |
| Accesso online: | http://hdl.handle.net/1721.1/66538 |