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-probability/high-impact risks, like floods, and whether past flood insurance purchases and flooding experience moderate the effect of defaults. Our … study uses a naturally occurring difference in experience, comparing the surveyed flood insurance choices of 1 …,187 homeowners, half of whom are in the Netherlands, where flood insurance penetration rates are low and recent flooding caused minor …
Persistent link: https://www.econbiz.de/10012481576
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/10012465435
of living elsewhere. When a natural disaster or other exogenous shock forces individuals to move, the net impact on …
Persistent link: https://www.econbiz.de/10012465633
flood risk beliefs. The model incorporates a Bayesian learning mechanism allowing agents to update their beliefs depending … on whether flood events occur. Second, to quantify these elements, we implement a door-to-door survey campaign in Rhode … Island. The results confirm significant heterogeneity in flood risk beliefs, and that selection into coastal homes is driven …
Persistent link: https://www.econbiz.de/10012453857
children in the disaster are significantly more likely to bear additional children after the tsunami. This response explains …
Persistent link: https://www.econbiz.de/10012458220
The impact of exposure to a major unanticipated natural disaster on the evolution of survivors' attitudes toward risk … assume greater financial risk in the short-term while rebuilding their lives after the disaster …
Persistent link: https://www.econbiz.de/10014250120
the evolution of population well-being before and after a major natural disaster, the 2004 Indian Ocean tsunami. The …
Persistent link: https://www.econbiz.de/10014250150
a daunting array of challenges. At the population level, questions of how the disaster affected children's and parents … Recovery (STAR) to examine how disaster exposure affects educational aspirations and eventual attainment. We find that damage … important determinants of whether children complete high school and go on to tertiary schooling than disaster exposure. While …
Persistent link: https://www.econbiz.de/10014635665
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 … the United States containing FEMA designated Special Flood Hazard Areas (SFHA). There are clear patterns of positive …
Persistent link: https://www.econbiz.de/10012479533
treatments respond to flood risk. We identify reactions to flood risk, distinctly from price effects due to flood damage, by … seaboard. We find that homes in high flood risk zones situated in towns that participate in public flood awareness activities …
Persistent link: https://www.econbiz.de/10012479933