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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

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

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

Default Options and Insurance Demand

Robinson, Peter John; Botzen, W.J.W; Kunreuther, Howard; … - 2022

Default options may provide a low-cost way of influencing behaviour without modifying incentives and constraining choices between alternatives. We study whether defaults can be used to increase insurance coverage against low-probability/high-impact risks, like floods, and whether past flood...

Persistent link: https://www.econbiz.de/10013291783

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

Solar Geoengineering, Uncertainty, and the Price of Carbon

Heutel, Garth - 2015

We consider the socially optimal use of solar geoengineering to manage climate change. Solar geoengineering can reduce damages from atmospheric greenhouse gas concentrations, potentially more cheaply than reducing emissions. If so, optimal policy includes less abatement than recommended by...

Persistent link: https://www.econbiz.de/10013019489

When the Levee Breaks : Black Migration and Economic Development in the American South

Hornbeck, Richard - 2012

In the American South, post-bellum economic stagnation has been partially attributed to white landowners' access to low-wage black labor; indeed, Southern economic convergence from 1940 to 1970 was associated with substantial black out-migration. This paper examines the impact of the Great...

Persistent link: https://www.econbiz.de/10013101831

Risk Preferences in Small and Large Stakes : Evidence from Insurance Contract Decisions

Collier, Benjamin - 2017

We examine risk preferences using the flood insurance decisions of over 100,000 households. In each contract, households make a small stakes decision, the deductible, and a large stakes one, the coverage limit. Over 94 percent of household choose one of the two lowest deductibles out of six...

Persistent link: https://www.econbiz.de/10012951852

Amenities, Risk, and Flood Insurance Reform

Smith, V. Kerry - 2019

This paper provides the first, comprehensive evidence on the question of whether the subsidized flood insurance rates are needed to meet the affordability goal of the National Flood Insurance Program. We use IRS records at the zip code level from 2009 to 2016 to compare the real median incomes...

Persistent link: https://www.econbiz.de/10012891785

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