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Economic diversification and the resiliency hypothesis: Evidence from the impact of natural disasters on regional housing values

We estimate the effect regional economic diversification has on the resiliency of the U.S. housing market, treating the spatial and temporal variation in natural disasters as exogenous shocks to regional economies. Our study demonstrates that diversity dampens both the magnitude and the duration of...

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Detalles Bibliográficos
Autores principales: Coulson, N. Edward, McCoy, Shawn J., McDonough, Ian K.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier B.V. 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7456524/
https://www.ncbi.nlm.nih.gov/pubmed/32904457
http://dx.doi.org/10.1016/j.regsciurbeco.2020.103581