The financial impacts of a near-miss with natural disasters

By Dan Zhao, postdoctoral research associate, and Michal Grinstein-Weiss, director When disaster strikes, it is easy to neglect the people on the boundaries. When assessing the impact of adverse economic shocks, whether it be natural disasters, pandemics, or factory shutoffs, the focal point is on those who were directly devastated by the shock. However, the […]