G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w20713
来源IDWorking Paper 20713
The Economic Impact of Hurricane Katrina on its Victims: Evidence from Individual Tax Returns
Tatyana Deryugina; Laura Kawano; Steven Levitt
发表日期2014-12-01
出版年2014
语种英语
摘要Hurricane Katrina destroyed more than 200,000 homes and led to massive economic and physical dislocation. Using a panel of tax return data, we provide one of the first comprehensive analyses of the hurricane’s long-term economic impact on its victims. Katrina had large and persistent impacts on where people live; small and mostly transitory impacts on wage income, employment, total income, and marriage; and no impact on divorce or fertility. Within just a few years, Katrina victims’ incomes fully recover and even surpass that of controls from similar cities that were unaffected by the storm. The strong economic performance of Katrina victims is particularly remarkable given that the hurricane struck with essentially no warning. Our results suggest that, at least in this particular disaster, aid to cover destroyed assets and short-run income declines was sufficient to make victims financially whole. Our results provide some optimism regarding the costs of climate-change driven dislocation, especially when adverse events can be anticipated well in advance.
主题Environmental and Resource Economics ; Environment
URLhttps://www.nber.org/papers/w20713
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/578386
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Tatyana Deryugina,Laura Kawano,Steven Levitt. The Economic Impact of Hurricane Katrina on its Victims: Evidence from Individual Tax Returns. 2014.
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