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an unusual weather pattern depend crucially on actuarial models for determining event (e.g., default) probabilities. In …
Persistent link: https://www.econbiz.de/10012763236
previous Latin American immigrants falls when controlling for out-migration. This highlights the importance of controlling for … out-migration not only of natives but also of previous immigrants in regional studies of immigration …
Persistent link: https://www.econbiz.de/10012758439
The Messina-Reggio Calabria Earthquake (1908) was the most devastating natural disaster in modern European history. It … migration. We find that there was no large positive impact on emigration on average. There were, however, heterogeneous …
Persistent link: https://www.econbiz.de/10013299202
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/10012870719
is required. A model identified using indirect inference simulates increasing disaster risk without GSEs. Mortgage credit …
Persistent link: https://www.econbiz.de/10013245727
down, are the proportionate effect of environmental investment on the probability of environmental disaster and the … baseline probability of environmental disaster …
Persistent link: https://www.econbiz.de/10013078588
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
dynamics of migration, trade, and innovation, this paper estimates the consequences of probabilistic projections of local sea … particularly hard hit. When ignoring the dynamic economic adaptation of investment and migration to flooding, the loss in real GDP …
Persistent link: https://www.econbiz.de/10012912524
Emissions control cannot address the consequences of global warming for weather disasters until decades later. We model … regional-level mitigation or adaptation, which reduces disaster risks to capital in the interim. Mitigation depends on belief … regarding the adverse consequences of global warming. Pessimism jumps with a disaster and slowly reverts in the absence of …
Persistent link: https://www.econbiz.de/10013311024
Organized intergroup violence is almost universally modeled as a calculated act motivated by economic factors. In contrast, it is generally assumed that non-economic factors, such as an individual's emotional state, play a role in many types of interpersonal violence, such as "crimes of...
Persistent link: https://www.econbiz.de/10012912542