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The Geography of Development : Evaluating Migration Restrictions and Coastal Flooding

Desmet, Klaus - 2015

We study the relationship between geography and growth. To do so, we first develop a dynamic spatial growth theory with realistic geography. We characterize the model and its balanced growth path and propose a methodology to analyze equilibria with different levels of migration frictions. We...

Persistent link: https://www.econbiz.de/10013024510

Flood Risk Belief Heterogeneity and Coastal Home Price Dynamics : Going Under Water?

Bakkensen, Laura - 2017

How do climate risk beliefs affect coastal housing markets? This paper provides theoretical and empirical evidence. First, we build a dynamic housing market model and show that belief heterogeneity can reconcile the mixed empirical evidence on flood risk capitalization into housing prices....

Persistent link: https://www.econbiz.de/10012947022

Evaluating the Economic Cost of Coastal Flooding

Desmet, Klaus - 2018

Sea-level rise and ensuing permanent coastal inundation will cause spatial shifts in population and economic activity over the next 200 years. Using a highly spatially disaggregated, dynamic model of the world economy that accounts for the dynamics of migration, trade, and innovation, this paper...

Persistent link: https://www.econbiz.de/10012912524

The Effects of Mortality on Fertility : Population Dynamics after a Natural Disaster

Nobles, Jenna - 2014

the fertility response to an unanticipated mortality shock that resulted from the 2004 Indian Ocean tsunami, which killed … following the tsunami, which is driven by two behavioral responses to mortality exposure. First, mothers who lost one or more … children in the disaster are significantly more likely to bear additional children after the tsunami. This response explains …

Persistent link: https://www.econbiz.de/10013047782

Evolution of Risk Aversion Over Five Years after a Major Natural Disaster

Ingwersen, Nicholas; Frankenberg, Elizabeth; Thomas, Duncan - 2023

is examined, exploiting plausibly exogenous variation in exposure to the 2004 Indian Ocean tsunami in combination with … rich population-representative longitudinal survey data spanning the five years after the tsunami. Respondents chose among … pairs of hypothetical income streams. Those directly exposed to the tsunami made choices consistent with greater willingness …

Persistent link: https://www.econbiz.de/10014357918

Adult Mortality Five Years after a Natural Disaster : Evidence from the Indian Ocean Tsunami

Ho, Jessica - 2016

tsunami for a population-representative sample of residents of Aceh, Indonesia who were differentially exposed to the disaster …. For this population, the dynamics of selection and scarring are a complex function of the degree of tsunami impact in the … community, the nature of individual exposures, age at exposure, and gender. Among individuals from tsunami-affected communities …

Persistent link: https://www.econbiz.de/10012989143

Hurricane Katrina Floods New Jersey : The Role of Information in the Market Response to Flood Risk

Muller, Nicholas Z. - 2019

This study uses hedonic property models to explore how coastal real estate markets subject to heterogeneous information treatments respond to flood risk. We identify reactions to flood risk, distinctly from price effects due to flood damage, by examining non-local flooding events. Utilizing a...

Persistent link: https://www.econbiz.de/10012867643

Private Investment and Government Protection

Kousky, Carolyn - 2010

Hurricane Katrina did massive damage because New Orleans and the Gulf Coast were not appropriately protected. Wherever natural disasters threaten, the government -- in its traditional role as public goods provider -- must decide what level of protection to provide to an area. It does so by...

Persistent link: https://www.econbiz.de/10012761468

What Determines Giving to Hurricane Katrina Victims? Experimental Evidence on Income, Race, and Fairness

Fong, Christina M. - 2010

We investigate determinants of private and public generosity to Katrina victims using an artifactual field experiment. In this experiment, respondents from the general population viewed a short audiovisual presentation that manipulated respondents' perceptions of the income, race, and...

Persistent link: https://www.econbiz.de/10012759998

The Katrina Effect : Was There a Bright Side to the Evacuation of Greater New Orleans?

Vigdor, Jacob L. - 2010

In the presence of moving costs, individuals may remain in a region even when they expect to attain a higher standard of living elsewhere. When a natural disaster or other exogenous shock forces individuals to move, the net impact on living standards could be positive or negative. This paper...

Persistent link: https://www.econbiz.de/10012760194