{"id":9068,"date":"2024-11-30T18:01:34","date_gmt":"2024-11-30T17:01:34","guid":{"rendered":"https:\/\/casmef.luiss.it\/publications\/banking-development-and-the-economic-impact-of-natural-disasters-from-short-to-long-term-effects\/"},"modified":"2026-08-03T17:50:34","modified_gmt":"2026-08-03T15:50:34","slug":"banking-development-and-the-economic-impact-of-natural-disasters-from-short-to-long-term-effects","status":"publish","type":"casmef_publication","link":"https:\/\/casmef.luiss.it\/en\/publications\/banking-development-and-the-economic-impact-of-natural-disasters-from-short-to-long-term-effects\/","title":{"rendered":"Banking development and the economic impact of natural disasters: From short to long term effects"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Abstract: This paper examines the economic e!ects of natural disasters, specifically earthquakes, on local economies in Italy, focusing on the roles that financial development and banking structures play in shaping recovery and resilience. Using municipal-level data across all<br> talian seismic events from 2008 to 2022 we provide a refined analysis of post-disaster economic dynamics. Our findings reveal that while the immediate impact of earthquakes on<br>employment is limited, the number of enterprises initially declines, followed by significant<br>recovery and growth over the long term. The presence of banking institutions, particularly cooperative banks, plays a crucial role in facilitating this recovery, underscoring their<br>importance in stabilizing local economies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Peruzzi, V., Murro, P., &#038; Alessi, M. (2024, November). (CASMEF Working Paper Series No. 4). Arcelli Centre for Monetary and Financial Studies, LUISS Guido Carli.<\/p>\n","protected":false},"template":"","publication_type":[559],"class_list":["post-9068","casmef_publication","type-casmef_publication","status-publish","hentry"],"acf":{"pub_unit":8770,"pub_file":9072},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Banking development and the economic impact of natural disasters: From short to long term effects - Casmef<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/casmef.luiss.it\/en\/publications\/banking-development-and-the-economic-impact-of-natural-disasters-from-short-to-long-term-effects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banking development and the economic impact of natural disasters: From short to long term effects - Casmef\" \/>\n<meta property=\"og:description\" content=\"Peruzzi, V., Murro, P., &amp; Alessi, M. (2024, November). (CASMEF Working Paper Series No. 4). Arcelli Centre for Monetary and Financial Studies, LUISS Guido Carli.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/casmef.luiss.it\/en\/publications\/banking-development-and-the-economic-impact-of-natural-disasters-from-short-to-long-term-effects\/\" \/>\n<meta property=\"og:site_name\" content=\"Casmef\" \/>\n<meta property=\"article:modified_time\" content=\"2026-08-03T15:50:34+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/casmef.luiss.it\\\/en\\\/publications\\\/banking-development-and-the-economic-impact-of-natural-disasters-from-short-to-long-term-effects\\\/\",\"url\":\"https:\\\/\\\/casmef.luiss.it\\\/en\\\/publications\\\/banking-development-and-the-economic-impact-of-natural-disasters-from-short-to-long-term-effects\\\/\",\"name\":\"Banking development and the economic impact of natural disasters: From short to long term effects - Casmef\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/casmef.luiss.it\\\/en\\\/#website\"},\"datePublished\":\"2024-11-30T17:01:34+00:00\",\"dateModified\":\"2026-08-03T15:50:34+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/casmef.luiss.it\\\/en\\\/publications\\\/banking-development-and-the-economic-impact-of-natural-disasters-from-short-to-long-term-effects\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/casmef.luiss.it\\\/en\\\/publications\\\/banking-development-and-the-economic-impact-of-natural-disasters-from-short-to-long-term-effects\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/casmef.luiss.it\\\/en\\\/publications\\\/banking-development-and-the-economic-impact-of-natural-disasters-from-short-to-long-term-effects\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/casmef.luiss.it\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Banking development and the economic impact of natural disasters: From short to long term effects\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/casmef.luiss.it\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/casmef.luiss.it\\\/en\\\/\",\"name\":\"Casmef\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/casmef.luiss.it\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/casmef.luiss.it\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/casmef.luiss.it\\\/en\\\/#organization\",\"name\":\"Casmef\",\"url\":\"https:\\\/\\\/casmef.luiss.it\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/casmef.luiss.it\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/casmef.luiss.it\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/Logo-CASMEF.svg\",\"contentUrl\":\"https:\\\/\\\/casmef.luiss.it\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/Logo-CASMEF.svg\",\"caption\":\"Casmef\"},\"image\":{\"@id\":\"https:\\\/\\\/casmef.luiss.it\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Banking development and the economic impact of natural disasters: From short to long term effects - Casmef","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/casmef.luiss.it\/en\/publications\/banking-development-and-the-economic-impact-of-natural-disasters-from-short-to-long-term-effects\/","og_locale":"en_US","og_type":"article","og_title":"Banking development and the economic impact of natural disasters: From short to long term effects - Casmef","og_description":"Peruzzi, V., Murro, P., & Alessi, M. 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