Aftermath of Disaster = More Poverty

Some additional information about a report I uploaded on July 2 on a new data set.

From Scientific American: Natural Disasters by Location: Rich Leave and Poor Get Poorer.   “Each big catastrophe like a hurricane increases a U.S. county’s poverty by one percent, 90 years of data show.”

The full NBER paper (41 pp) on which this article is based, was written, is stored hereThe title is: The Effect of Natural Disasters on Economic Activity in U.S. Counties: A Century of Data.  Thanks to the NBER for sharing a copy of the full report with me.

The Diva has only had time to quickly scan these two items. She welcomes comments on the findings.

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