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Catastrophic Risk and Behavior of Residential Real Estate Market Participants
Publisher: American Society of Civil Engineers
Abstract: We gather home sales data for the Cape Fear region of North Carolina and model residential real estate market activity in this coastal area between 1995 and 2000, a period of unprecedented hurricane activity. We extend ...
Impact of Low-Intensity Hurricanes on Regional Economic Activity
Publisher: American Society of Civil Engineers
Abstract: Although low-intensity hurricanes cause far less structural damage than high-intensity hurricanes, these weaker hurricanes do impact regional economic activity through “business interruption.” Because the strike frequencies ...
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