The standard approach to 'nowcast' disaster impacts, which relies on risk models, does not typically account for the compounding impact of various hazard phenomena (e.g., wind and rainfall associated with tropical storms). The alternative, traditionally, has been a team of experts sent to the...

We analyze possible future financial losses in the event of hurricane damage to Miami residential real estate, where the hurricane's destructiveness reflects climate-change. We focus on three scenarios: (i) a business-as-usual scenario, (ii) a Hurricane-Ian-spillovers scenario, and (iii) a...

Climate disasters raise the salience of climate change’s negative consequences, including climate-induced migration. Policy action to address climate displacement is especially contentious in the U.S., where weak support for tackling climate change intersects with high opposition to...

This paper examines how natural disasters affect local public finances and their interplay with intergovernmental transfers and external resources. Exploiting the randomized nature of the 2013 Typhoon Haiyan, one of the most devastating natural disasters in recent history, we document its causal...

Problem definition: Despite their frequency, there is scant research studying how substitutions in response to pharmaceutical supply chain disruptions impact medication errors in hospitals. To address this gap, we study this causal relationship using a natural experiment: hurricane damage to...

While in the early part of the 19th century Jamaica was one of the world’s leading sugar producers, the abolition of slavery, the flooding of sugar markets with cheap European beet sugar, and the equalization and finally elimination of sugar import duties across the British empire led to a...