Blickle, Kristian; Hamerling, Sarah N.; Morgan, Donald P. - 2021
Not very. We find that weather disasters over the last quarter century had insignificant or small effects on U.S. banks …' performance. This stability seems endogenous rather than a mere reflection of federal aid. Disasters increase loan demand, which … common than official flood maps would predict, suggesting that local knowledge may also mitigate disaster impacts. …