We estimate the short-run effects of severe weather shocks on local economic activity and assess cross …-border spillovers operating through economic linkages between U.S. states. We measure weather shocks using a detailed county … weather shocks hitting individual regions. We also show that (i) taking into account economic interconnections between states …

While there is a growing literature on the impact of climate and weather-related events on migration, little is known … investigate the mitigating impact of an agricultural cashtransfer program (PROCAMPO) and a disaster fund (Fonden) on the migration … response to weather shocks. We find that Fonden decreases migration in response to heavy rainfall, hurricanes and droughts …

This paper focuses on the US Billion-dollar Weather/Climate Disaster report by the National Oceanic and Atmospheric …'s crop insurance program are key sources of quantified disaster loss data, among others. The methodology uses a factor … uncertainties and biases in the billion-dollar disaster data. The net effect of all biases appears to be an underestimation of …

simulations for all three of the natural disaster events examined provide additional confidence in the U.S. Billion-dollar weather …Research examining natural disaster costs on social and economic systems is substantial. However, there are few … empirical studies that seek to quantify the uncertainty and establish confidence intervals surrounding natural disaster cost …