Mismeasuring risk: The welfare effects of flood risk information

P Mulder - Available at SSRN 4966795, 2024 - papers.ssrn.com
I study the effect of risk-based flood insurance pricing on welfare and climate damages in the
US I estimate my results with flood insurance policy data and a novel survey measuring …

Risk rating without information provision

P Mulder, C Kousky - AEA Papers and Proceedings, 2023 - aeaweb.org
We describe the initial impact of risk-based flood insurance pricing in the United States.
More than two-thirds of National Flood Insurance Program policyholders are paying higher …

Efficient adaptation to flood risk

WP Hovekamp, KRH Wagner - AEA Papers and Proceedings, 2023 - aeaweb.org
This paper studies whether private adaptation to flood risk is economically efficient. We
estimate the return to elevating houses, one of the most significant private defensive …

Adapting to natural disasters through better information: Evidence from the home seller disclosure requirement

S Lee - MIT Center for Real Estate Research Paper, 2023 - papers.ssrn.com
While flood damage is determined by both flood intensity and population exposure, the US
has predominantly focused on managing the former, with limited success. This paper studies …

Fifty Years of US Natural Disaster Insurance Policy

K Marcoux, KR H Wagner - 2023 - papers.ssrn.com
The high and increasing cost of natural disasters around the world motivates a growing body
of literature on the role of natural disaster insurance in adapting to climate change. This …

Flood risk mapping and the distributional impacts of climate information

J Weill - 2023 - papers.ssrn.com
This paper examines the provision of official flood risk information in the United States and
its distributional impacts on residential flood insurance take-up. Assembling new data on all …

Adaptation to climate change

T Carleton, E Duflo, BK Jack, G Zappalà - Handbook of the Economics of …, 2024 - Elsevier
Mounting costs of anthropogenic climate change reveal that adaptation will be essential to
human well-being in coming decades. At the same time, the literature on the economics of …

Property Insurance and Disaster Risk: New Evidence from Mortgage Escrow Data

BJ Keys, P Mulder - 2024 - nber.org
We develop a new dataset to study homeowners insurance. Our data on over 47 million
observations of households' property insurance expenditures from 2014-2023 are inferred …

Expecting Climate Change: A Nationwide Field Experiment in the Housing Market

D Fairweather, ME Kahn, RD Metcalfe, SS Olascoaga - 2024 - nber.org
Climate change presents new risks for property in the United States. Due to the high cost
and sometimes unavailability of location-specific property risk data, home buyers can greatly …

Learning About a Warming World: Attention and Adaptation in Agriculture

D Patel - Available at SSRN 4636825, 2023 - papers.ssrn.com
Global warming threatens the livelihoods of 600 million low-income agricultural workers. I
study how farmers learn about the environment and the consequences for climate change …