Bin, Okmyung; Bishop, John A.; Kousky, Carolyn - 2011
This study examines the redistributional effects of the National Flood Insurance Program (NFIP) using a national … departure from per capita county income proportionality we find that NFIP premiums are weakly regressive on an annual basis but … become proportional as the time horizon is extended beyond a single year. In contrast, we find that NFIP claim payments are …