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We investigate determinants of private and public generosity to Katrina victims using an artifactual field experiment. In this experiment, respondents from the general population viewed a short audiovisual presentation that manipulated respondents' perceptions of the income, race, and...
Persistent link: https://www.econbiz.de/10012759998
In 2005, hurricanes Katrina and Rita forced many children to relocate across the Southeast. While schools quickly enrolled evacuees, receiving families worried about the impact of evacuees on non-evacuee students. Data from Houston and Louisiana show that, on average, the influx of evacuees...
Persistent link: https://www.econbiz.de/10013156689
following the hurricane. However, by the second and third years after the disaster, Katrina evacuees displaced from Orleans …
Persistent link: https://www.econbiz.de/10013232038
specifically target extreme weather events. This paper shows that US hurricanes lead to substantial increases in non-disaster … hurricane. The present value of this increase significantly exceeds that of direct disaster aid. This implies, among other …
Persistent link: https://www.econbiz.de/10012991681
quality of aid delivered and social agendas pursued across neighboring villages in a set disaster context. We model the …
Persistent link: https://www.econbiz.de/10013113102
In the new millennium, the Western aid effort towards Africa has surged due to writings by well-known economists, a celebrity mass advocacy campaign, and decisions by Western leaders to make Africa a major foreign policy priority. This survey contrasts the predominant "transformational" approach...
Persistent link: https://www.econbiz.de/10013210668
The government often provides relief against large risks, such as disasters. A simple, general rationale for this role of government is considered here that applies even when private contracting to share risks is not subject to market imperfections. Specifically, the optimal private sharing of...
Persistent link: https://www.econbiz.de/10013052679
occur and affect each country's productivity. Each country's exposure to disaster risk varies over time according to a mean … appreciate on average. To make the notion of disaster risk more implementable, we show how options prices might in principle … uncover latent disaster risk, and help forecast exchange rate movements. We then extend the framework to incorporate two …
Persistent link: https://www.econbiz.de/10012759530
of living elsewhere. When a natural disaster or other exogenous shock forces individuals to move, the net impact on …
Persistent link: https://www.econbiz.de/10012760194
Hurricane Katrina did massive damage because New Orleans and the Gulf Coast were not appropriately protected. Wherever natural disasters threaten, the government -- in its traditional role as public goods provider -- must decide what level of protection to provide to an area. It does so by...
Persistent link: https://www.econbiz.de/10012761468