BACKGROUND Despite national and international policies to develop social capital in disaster-affected communities, empiric evidence on the association between social capital and disaster mental health is limited and ambiguous. OBJECTIVE The study explores the relationship between social capital and disaster mental health outcomes (PTSD, anxiety, and depression) in combination with individual ...

In this paper, we show an especially simple way to produce Myers-Read capital allocations in simulations, by using the Ruhm-Mango-Kreps (RMK) conditional risk algorithm. The algorithm uses only weighted averages. In particular, it does not require any calculus, even though the Myers-Read formula is a differential equation. This is possible because the Myers-Read method is additive, and the Ruhm...

I provide a typology of social capital, breaking it down into seven more fundamental forms of capital: information capital, brokerage capital, coordination and leadership capital, bridging capital, favor capital, reputation capital, and community capital. I discuss how most of these forms of social capital can be identified using different network-based measures. JEL Classification Codes: D85, ...

An important component of the long-run cost of a war is the loss of human capital suffered by school-age children who receive less education. Austrian and German individuals who were 10 years old during the conflict, or were more directly involved through their parents, received less education than comparable individuals from nonwar countries, such as Switzerland and Sweden. We also show that t...

Policy distortions and financial frictions are two leading candidates in generating capital misallocation. This paper designs an identification strategy to separate their effects on average MRPK dispersion across firm ownership, as the average treatment effect on the treated and the selection bias from a policy intervention. Financial frictions are estimated to cause an aggregate TFP loss of 8....

The focus of this paper is on some new developments in the methodologies for enterprise risk management (ERM). The paper presents a set of new methods and tools, including (i) a universal risk measure tbr both assets and liabilities, (ii) a coherent method of determining the aggregate capital requirement for a firm, and (iii) a coherent method of allocating the cost of capital to individual bus...

The new Basel Capital Accord has opened up a discussion concerning the measurement of operational risk for banks. In our paper we do not take a stand on the issue of whether or not a quantitatively measured risk capital charge for operational risk is desirable; however, given that such measurement will come about, we review some of the tools which may be useful towards the statistical analysis ...