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Applying a difference-in-differences framework to a census of residential property transactions in New York City 2003-2017, we estimate the price effects of three flood risk signals: 1) the Biggert-Waters Flood Insurance Reform Act, which increased premiums; 2) Hurricane Sandy; and 3) new...
Persistent link: https://www.econbiz.de/10012257846
Many studies have investigated flood risk and insurance coverage in the 100-year flood zone, but much less is known about the periphery of the flood zone. We present a new approach to estimate flood risk and insurance take-up in the vicinity of the flood zone based on building-level inundation...
Persistent link: https://www.econbiz.de/10014514620
We present a theory of the demand for flood insurance and empirically analyze the effects of the adoption of Risk Rating 2.0, using individual insurance histories for all NFIP policies. The reform increased exit and reduced entry, both in the flood zone and its periphery. The reform had highly...
Persistent link: https://www.econbiz.de/10014535316
Recent surveys of the literature on climate change and migration emphasize the important diversity of outcomes and approaches of the empirical studies. In this paper, we conduct a meta-analysis in order to investigate the role of the methodological choices of these empirical studies in finding...
Persistent link: https://www.econbiz.de/10012119213
Empirical studies of the economic effects of climate change (CC) largely rely on climate anomalies for causal identification purposes. Slow and permanent changes in climate-driven geographical conditions, i.e. CC as defined by the IPCC (2013), have been studied relatively less, especially in...
Persistent link: https://www.econbiz.de/10014334953
The aim of this paper is to assess the relationship between natural disasters caused by climate change and migration by examining migration rates and levels of education in developing countries. Many studies such as the Stern review (2007) or the Intergovernmental Panel on Climate Change (IPCC,...
Persistent link: https://www.econbiz.de/10009379619
disaster fund (Fonden). While lower than average precipitations increase undocumented migration, especially from the most …
Persistent link: https://www.econbiz.de/10011993400
This paper reviews the effect of environmental disasters on migration. Although there is an increase of environmental disasters and migration over the past years, the relationship is complex. While some authors find that environmental disasters increase migration, others show that they have only...
Persistent link: https://www.econbiz.de/10011346755
adaptation by directly providing public goods to manage disaster risks or by facilitating private agents' adaptation responses …
Persistent link: https://www.econbiz.de/10014454717
on the universe of federal disaster declarations between 1989 and 2014, we document that congress members from districts … the disaster. The response to hurricanes does not seem to be driven by logrolling behavior or lobbysts' pressure. The …
Persistent link: https://www.econbiz.de/10012006068