Bin, Okmyung; Bishop, John A.; Kousky, Carolyn - In: Public Finance Review 40 (2012) 3, pp. 360-380
This study examines the redistributional effects of the National Flood Insurance Program (NFIP) using a national … departure from per capita county income proportionality, the authors find that NFIP premiums are typically proportional if the … studied. The net effect of the NFIP program, defined as indemnity payments net of premiums, indicates that NFIP is …