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Moral Hazard, Wildfires, and the Economic Incidence of Natural Disasters

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NBER2019-12-01 更新2025-01-04 收录
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This study measures the degree to which large public expenditures on wildfire protection subsidize development in harm's way. Using administrative firefighting data, we calculate geographically-differentiated implicit subsidies to homeowners throughout the western USA. We first examine how the

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2019-12-01
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