Not very. We find that weather disasters over the last quarter century had insignificant or small effects on U.S. banks' performance. This stability seems endogenous rather than a mere reflection of federal aid. Disasters increase loan demand, which offsets losses and actually boosts profits at...

This paper explores the impacts of traditional agricultural insurance that offers protection against climatic shocks on small-scale tobacco farmers in Colombia. We analyze the impacts of access to the insurance on household financial outcomes after a period of severe climatic events that caused...

While there is a growing literature on the impact of climate and weather-related events on migration, little is known about the mitigating effect of different policies directed to the agricultural sector, or aimed at insuring against environmental disasters. This paper uses state-level data on...