Showing 1 - 10 of 15
This paper studies how politicians and voters respond to new information on the threats of climate change. Using data on the universe of federal disaster declarations between 1989 and 2014, we document that congress members from districts hit by a hurricane are more likely to support bills...
Persistent link: https://www.econbiz.de/10012870147
This paper examines the welfare loss of import restrictions on bananas in Australia and whether the import restrictions have turned into a particular form of export promotion. We set up a model in which there is free domestic entry, with banana producers accepting losses in normal years, off-set...
Persistent link: https://www.econbiz.de/10013057905
Using a synthetic control estimation strategy we examine the economic impact of a large inflow of people from Puerto Rico into Orlando in the aftermath of Hurricane Maria, which devastated Puerto Rico in September 2017. We find that aggregate employment in Orlando increased as a result of the...
Persistent link: https://www.econbiz.de/10012838498
This paper argues that increases in perceived flood risk entail a negative and persistent shock to local economic activity. Our analysis is based on a rich administrative dataset that contains all business establishments in New York City around the time of hurricane Sandy. Our data also...
Persistent link: https://www.econbiz.de/10012865853
effect of tropical storm frequency and severity on mortality using objective meteorological data and the universe of vital … statistics records from a large developing country, Mexico. Using a measure of storm exposure that accounts for both windspeed … dispersion and population density along the storm track, I project changes in past storm-related mortality under various …
Persistent link: https://www.econbiz.de/10012870454
Starting in the 1980s, the composition of immigrants to the U.S. shifted towards less-skilled workers partly due to the influx of Latin American immigrants in the past few decades. Around this time, real wages and employment of younger and less-educated U.S. workers fell. Some believe that...
Persistent link: https://www.econbiz.de/10013324999
We estimate the impact of hurricane strikes on local economic growth rates and how this is reflected in more aggregate growth patterns. To this end we assemble a panel data set of US coastal counties' growth rates and construct a hurricane destruction index that is based on a monetary loss...
Persistent link: https://www.econbiz.de/10013325058
This paper investigates the causal consequences of Tropical Storm Agatha (2010) – the strongest tropical storm ever to …, issues of measurement error, and different samples. The negative effects of the storm partly explain the increase in poverty …
Persistent link: https://www.econbiz.de/10013029124
Are coastal cities adjusting to rising sea levels? This paper argues that large-scale events have the potential to ignite the process. We examine the effects of hurricane Sandy on the New York City housing market. We assemble a large plot-level dataset with rich geographic data on housing sales...
Persistent link: https://www.econbiz.de/10012978170
Exogenous shocks often impact a local labor market more than at the national level. This study improves upon the standard Difference in Difference (DD) approach by examining exogenous shocks using a Generalized Difference in Difference (GDD) econometric approach that identifies the effects of...
Persistent link: https://www.econbiz.de/10012776116