Determining the present value of future medical costs is an important issue for a variety of public and private entities. This article examines the time-series properties of medical net discount rates and considers the implications for forecasting. The article provides evidence that the standard...

This study employs the hedonic property price method to examine the effects of flood hazard on coastal property values. We utilize Geographic Information System data on National Flood Insurance Program flood zones and residential property sales from Carteret County, North Carolina. Our results...