Catastrophe Economics

Michel-Kerjan. (2010). Catastrophe Economics: The National Flood Insurance Program.

Type

Unclassified

Intellectual base

Unclassified

Year

2010

DOI

10.1257/jep.24.4.165

Link

https://doi.org/10.1257/jep.24.4.165

Cited by

1 citation across 1 artifact.

Domain-specific

• Risk Transfer Without Reduction
  • By offering federally backed flood insurance — historically at premiums below true actuarial risk in many high-hazard areas — the NFIP lowers the immediate loss faced by floodplain homeowners and enables continued building and rebuilding in place

Verification

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Registry ID ref:c055d152a225 · see in the full table