Disaster Risk and Land Price

Housing Price, Land Supply and Revenue from Land Sales

In a recen t study, Peng and Wheaton empirically exam ine the effect of restricti ve land supply on Hong Kong house prices. However, we argue that the impact of the supply of new land by the Hong Kong government is not as important as they maintain in accounting for the volatile house prices in Hong Kong. We show that there is no causal relation ship between land supply and housing prices. Our ...

Credit Risk and Disaster Risk

Credit spreads are large, volatile and countercyclical, and recent empirical work suggests that risk premia, not expected credit losses, are responsible for these features. Building on the idea that corporate debt, while fairly safe in ordinary recessions, is exposed to economic depressions, this paper embeds a trade-off theory of capital structure into a real business cycle model with a small,...

Risk, Hazard, and Disaster

Natural hazard research began as a study of cultural perceptions to extreme naturally occurring events. Since the advent of the study, natural hazard literature has become steeped in terminology that is sometimes confusing to the reader. The concepts of hazard, risk, and disaster are often confused with one another and with the extreme event itself. Although the extreme event is inherent in haz...

The Value and Price of Land

Disaster Risk Management in the Iranian Hospitals: Challenges and Solutions

Background and Aim: Hospital disaster risk management accreditation standards have been developed since 2016. However, the country's hospitals are still not well prepared in this regard. This study aimed to identify the implementation challenges of the disaster Risk Management Program in the country's hospitals and provide solutions to improve it. Methods: This study was conducted as qualitativ...