City A.M.:
Flood-o-nomics: why flooding will remain a problem
11 January 2016
In a new study published by the Centre for Economic Performance (CEP), we examine why so many people are hit by floods year after year. In particular, we ask whether urban populations respond to massive floods by moving to safer areas. We study the effects of more than 50 large floods, which displaced at least 100,000 people each, in over 1,800 cities in 40 countries from 2003 to 2008.
This article was published by City A.M. on January 11, 2016
Link to article here
Related publications
Flooded Cities,Adriana Kocornik-Mina, Thomas K. J. McDermott, Guy Michaels and Ferdinand Rauch. Article in CentrePiece, Volume 20, Issue 3, Winter 2015/16
'Flooded Cities', Adriana Kocornik-Mina, Thomas K. J. McDermott, Guy Michaels and Ferdinand Rauch, Centre for Economic Performance Discussion Paper No.1398, December 2015
Related links
Guy Michaels webpage
Labour Markets Programme webpage