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The NFIP has been a subject of tremendous interest since 2005 when it was flooded with claims from hurricanes Katrina and Rita, and was eventually drowned in debt. This paper focuses on the state of Georgia that has been neglected in terms of enforcing NFIP policies. We estimate a fixed effect...
Persistent link: https://www.econbiz.de/10010880635
We investigate the impact of large floods on the risk of civil conflict in a sample of 125 countries between 1985 and 2009. We control for endogeneity of floods and the potential spatial and temporal dependency of civil conflict. We find that floods increase the probability of conflict incidence...
Persistent link: https://www.econbiz.de/10010915008