This paper studies whether private adaptation to flood risk is economically efficient. We estimate the return to … the universe of houses and flood damages in high-risk flood zones in the Atlantic and Gulf Coast United States. We find … that undertaking adaptation is socially optimal in the highest risk areas over a house’s lifetime, but that individual …

In 2011, Thailand experienced its worst flood ever. Using repeated waves of the Thai Household Survey, we analyse the … flood's economic impacts. In 2012, households answered a set of questions on the extent of flooding they experienced. We use … this self-identified flood exposure, and external exposure indicators from satellite images, to identify both directly …