Category: Weather

Can Mangroves Minimize Property Loss during Big Storms? An Analysis of House Damage due to the Super Cyclone in Orissa

Abstract: Storm protection is an important regulating service provided by mangrove forests because they can shield inland property and lives during tropical cyclones. Theoretical as well as empirical research shows that mangroves provide protection from… more »

On the Use of Subjective Well-Being Data for Environmental Valuation

Abstract: This paper explores the potential of using subjective well-being (SWB) data to value environmental attributes. A theoretical framework compares this method, also known as the life-satisfaction approach, with the standard hedonic pricing approac… more »

Version 4.5.5 of Mitigation Benefit-Cost Analysis (BCA) Toolkit Released

Version 4.5.5 of the Mitigation Benefit-Cost Analysis (BCA) Toolkit was released in August of 2009. The toolkit includes all of the FEMA BCA software, technical guides and tools to conduct a Benefit Cost Analysis. Version 4.5.5 represents a major updat… more »

Droughts, Floods and Financial Distress in the United States

Abstract: The relationships among the weather, agricultural markets, and financial markets have long been of interest to economic historians, but relatively little empirical work has been done. John Landon-Lane, Hugh Rockoff and Richard H. Steckel push t… more »

The National Flood Insurance Program: Factors Affecting Actuarial Soundness

Introduction and Summary:The main source of insurance against flood damage in the United States is the National Flood Insurance Program (NFIP), administered by the Federal Emergency Management Agency (FEMA). Some 21,000 communities, covering about 98 p… more »