TY - JOUR
T1 - The economic impact of Hurricane Katrina on its victims
T2 - Evidence from individual tax returns
AU - Deryugina, Tatyana
AU - Kawano, Laura
AU - Levitt, Steven
N1 - Publisher Copyright:
© 2018 American Economic Association.
PY - 2018/4/1
Y1 - 2018/4/1
N2 - Hurricane Katrina destroyed over 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. Hurricane Katrina had large and persistent impacts on where people live, but small and surprisingly transitory effects on employment and income. Within just a few years, Katrina victims' incomes actually surpass that of controls from similar unaffected cities. The strong economic performance of Hurricane Katrina victims is particularly remarkable given that the hurricane struck with essentially no warning.
AB - Hurricane Katrina destroyed over 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. Hurricane Katrina had large and persistent impacts on where people live, but small and surprisingly transitory effects on employment and income. Within just a few years, Katrina victims' incomes actually surpass that of controls from similar unaffected cities. The strong economic performance of Hurricane Katrina victims is particularly remarkable given that the hurricane struck with essentially no warning.
UR - http://www.scopus.com/inward/record.url?scp=85045030049&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85045030049&partnerID=8YFLogxK
U2 - 10.1257/app.20160307
DO - 10.1257/app.20160307
M3 - Article
AN - SCOPUS:85045030049
SN - 1945-7782
VL - 10
SP - 202
EP - 233
JO - American Economic Journal: Applied Economics
JF - American Economic Journal: Applied Economics
IS - 2
ER -