We examine the determinants of returning to New Orleans within 18 months of Hurricane Katrina. Our theoretical framework predicts the probability of returning is positively associated with less hurricane damage and greater pre-hurricane levels of location-specific capital. We test these...

This paper examines whether the observed cross-country correlation between aggregate saving rates and economic growth can be explained by models in which higher growth increases saving rates, rather than the other way around. The paper focusses on two explanations of why growth might increase...