This paper studies the evolution of hurricane insurance in Florida over the last decades. Hurricanes (and other natural catastrophes) are typically referred to as uninsurableʺ risks. The more exposed property owners find it difficult to obtain insurance cover from the private market and/or can...

This paper establishes the relationship between migration and hurricanes in the Central American and Caribbean region. In contrast to previous studies, we employ hurricane destruction indices to study this relationship. These indices measure geographical destruction which gives us a more...

Allocation decisions are vulnerable to political influence, but it is unclear in which situations politicians use their discretionary power in a partisan manner. We analyze the allocation of presidential disaster declarations in the United States, exploiting the spatiotemporal randomness of...

Climate change is already increasing the severity of extreme weather events such as with rainfall during hurricanes. But no research to date investigates if, and to what extent, there are social inequalities in current climate change-attributed flood impacts. Here, we use climate change...

This paper studies financial service provision booked through offshore financial centers (OFCs). Based on several novel data sources and recent advances in event study methodology, I exploit the natural experiment of re-occurring hurricanes hitting small islands and compare local reactions to...

Hurricanes are among the costliest natural disasters in the world, with a significant portion of their impact linked to the accuracy of their forecasts. In this paper, we estimate the economic impacts of the official hurricane forecasts in the US and develop a new approach for measuring the...

The role climate change plays in increasing the burden on governments and insurers to pay for recovery is an area not examined by extreme event attribution research. To study these impacts, we examine the impacts of climate change attributed flooding on federal disaster aid disbursement in...