# Hurricane shocks

- Canonical URL: https://www.gerhardmerk.de/hurricane-shocks
- Post ID: 594888
- Modified: 2023-07-25T20:59:59+00:00
- Language: en

## Definition

Destruction caused by hurricane-like cyclones that have a strong (long-term) economic impact on a country and, in the course of this, can also profoundly complicate central bank policy, especially due to the high demand for urgent loans for reconstruction. - For example, hurricane "Katrina" caused about $744 billion in damage in the Americas in late August 2005. - See oil price, hell-and-flood contract, catastrophe bonds, models, monetary policy, model uncertainty, Oil Bulletin, oil price shocks, shock, external, shocks, structural, terror shock, uncertainty, weather derivative, worst case scenario. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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