Showing 1 - 10 of 118
Despite escalating disaster losses and predicted increases in weather-related catastrophes, takeup of protective … across jurisdictions and vintages reveal remarkable resilience effects of building codes initially prompted by the deadly …
Persistent link: https://www.econbiz.de/10012794648
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/10012458472
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/10012465435
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/10012456403
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/10012460950
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/10012463359
following the hurricane. However, by the second and third years after the disaster, Katrina evacuees displaced from Orleans …
Persistent link: https://www.econbiz.de/10012464262
What is the impact and value of hurricane forecasts? We study this question using newly-collected forecast data for major US hurricanes since 2005. We find higher wind speed forecasts increase pre-landfall protective spending, but erroneous under-forecasts increase post-landfall damage and...
Persistent link: https://www.econbiz.de/10014576576
disaster in modern European history. It occurred when overseas mass emigration from southern Italy was at its peak and … international borders were open, making emigration a widespread phenomenon and a readily available option for disaster relief. We … the disaster through migration. Nonetheless, relative to the effects of ordinary shocks, such as a recession in the …
Persistent link: https://www.econbiz.de/10012481361
impact of COVID-19. A costly disaster series is constructed over the sample 1980:1-2020:04 and the dynamic impact of a … disaster shock on economic activity and on uncertainty is studied using a VAR. While past natural disasters are local in nature … of large disaster shocks. Even in a fairly conservative case where COVID-19 is a 5-month shock with its magnitude …
Persistent link: https://www.econbiz.de/10012481943