The Welfare Gains from Macro-Insurance Against Natural Disasters
收藏NBER2015-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w21674
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资源简介：
This paper uses a dynamic optimization model to estimate the welfare gains that a small open economy can derive from insuring against natural disasters with catastrophe (CAT) bonds. We calibrate the model by reference to the risk of earthquakes, floods and storms in developing countries. We find
提供机构：
美国国家经济研究局
创建时间：
2015-10-01
