on the universe of federal disaster declarations between 1989 and 2014, we document that congress members from districts … the disaster. The response to hurricanes does not seem to be driven by logrolling behavior or lobbysts' pressure. The …

-2017, we estimate the price effects of three flood risk signals: 1) the Biggert-Waters Flood Insurance Reform Act, which …

This paper argues that increases in perceived flood risk entail a negative and persistent shock to local economic … suffered damage, along with higher exit rates. The persistence of the effects is consistent with an upward revision of flood-risk … beliefs triggered by the hurricane. These findings suggest that businesses are adapting to the higher flood-risk environment …

Using a new composite climate-risk index, we show that population in high-risk counties has grown disproportionately … largely driven by increases in the (white) working-age population. In addition, we show that high-risk tracts have typically … grown more than low-risk tracts within the same county, suggesting the presence of highly localized amenities in high-risk …

mortality if and only if mortality risk is convex in forecast errors. We test for such convexity using data on the universe of …

national security as of March 2022. Fourth, firm-level risk perceptions skewed heavily to the downside in spring 2020 but …

rather than another.In this paper, we develop a theory for ranking distribution functions. Our theory offers a general … distribution theory for empirical dominance criteria where it is demonstrated that the associated empirical processes converge in …