Browsing Sloan Working Papers by Subject "rare events"

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    • The Economic and Policy Consequences of Catastrophes 

      Pindyck, Robert S.; Wang, Neng (Cambridge, MA; Alfred P. Sloan School of Management, Massachusetts Institute of Technology, 2009-09)
      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 ...