Showing 1 - 10 of 1,331
-2017, we estimate the price effects of three flood risk signals: 1) the Biggert-Waters Flood Insurance Reform Act, which …
Persistent link: https://www.econbiz.de/10012257846
coasts. We document nine stylized facts, including a sizeable rise in the share of coastal housing built on flood-prone land …
Persistent link: https://www.econbiz.de/10012494117
adaptation by directly providing public goods to manage disaster risks or by facilitating private agents' adaptation responses …
Persistent link: https://www.econbiz.de/10014454717
of a natural experiment created by the European Flood of August 2002. Using micro data from the German Socio …-Economic Panel that we combine with geographic flood data, we compare the savings behavior of affected and non-affected individuals …
Persistent link: https://www.econbiz.de/10010516460
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
We present a theory of the demand for flood insurance and empirically analyze the effects of the adoption of Risk … the flood zone and its periphery. The reform had highly heterogeneous effects on insurance costs and triggered adjustments … in coverage and deductibles. On average, RR2 increased costs for renewers outside of the flood zone but lowered them for …
Persistent link: https://www.econbiz.de/10014535316
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 data. We illustrate our approach using data for New York after …
Persistent link: https://www.econbiz.de/10014514620
natural disasters intensified by anthropogenic climate change. To this end, we link official geo-coded satellite data on flood …-affected buildings to neighborhood-level information on socio-economic status. We then document the empirical relationship between flood … percent lower in flood-affected neighborhoods than in non-affected neighborhoods nearby. Our study is the first to document …
Persistent link: https://www.econbiz.de/10014419481
This paper argues that increases in perceived flood risk entail a negative and persistent shock to local economic … suffered damage, along with higher exit rates. The persistence of the effects is consistent with an upward revision of flood …-risk beliefs triggered by the hurricane. These findings suggest that businesses are adapting to the higher flood-risk environment …
Persistent link: https://www.econbiz.de/10012035595
on the foodplain, as defined by the National Flood Insurance Program (NFIP), relative to properties located elsewhere …
Persistent link: https://www.econbiz.de/10011910881