Why Some Don’t Belong—The Distributional Effects of Natural Disasters

Abstract

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Natural Disasters and Labor Market Outcomes in Mexico

“…In addition, the results are consistent with the empirical evidence showcasing the heterogeneous impacts of weather-related events, underscoring the importance of tailored adaptation measures to address climate risks that vary across regions and within communities. In the short term, Budina et al (2023) list some risk mitigation policies for natural disasters, such as risk insurance, contingency financing, enhancing social safety nets, and credit lines. While mitigating policies aimed at reducing GHG emissions and transitioning to greener economies are one policy option, for implementing effective adaptative measures it is important to examine and understand how extreme climate shocks affect the livelihoods -well-being, and resources-of the affected population (Albert et al 2021).…”