2022
DOI: 10.1016/j.jfineco.2021.11.006
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Let the rich be flooded: The distribution of financial aid and distress after hurricane harvey

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Cited by 83 publications
(58 citation statements)
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“…However, this managed retreat program is available only to privileged communities [ 57 ]. Furthermore, Black disaster survivors have a lower probability of receiving FEMA assistance, and FEMA provides greater postdisaster financial assistance to white disaster survivors, even when the amount of damage is the same [ 58 , 59 ].…”
Section: Climate Change Exacerbates Health Inequitiesmentioning
confidence: 99%
“…However, this managed retreat program is available only to privileged communities [ 57 ]. Furthermore, Black disaster survivors have a lower probability of receiving FEMA assistance, and FEMA provides greater postdisaster financial assistance to white disaster survivors, even when the amount of damage is the same [ 58 , 59 ].…”
Section: Climate Change Exacerbates Health Inequitiesmentioning
confidence: 99%
“…It should be noted that the social vulnerability indicators examined in this study neither include the consequences of the unequal exposures shown during the flash and slow-rise floods nor the indicators of resilience, risk perception, and coping capacity in the analysis. However, prior studies investigating flood recovery experiences for vulnerable populations have reported that areas with a high representation of the socially vulnerable are less likely to receive financial assistance from the different government agencies [65,66]. Considering that future forecast and storm predictions show that climate change is expected to intensify flood risks in these locations susceptible to high rainfall accumulation producing storms [67], our results inform regions where resources for damage prevention (e.g.…”
Section: Discussionmentioning
confidence: 75%
“…More than this, the binary nature of risk determination (i.e., location in a 100-year floodplain-or not) in U.S. flood policy would suggest that location outside of the 100-year floodplain would be linked to lower perceived risk 6,32 and would experience a more difficult recovery. Indeed, Billings et al 39 . find that for the aftermath of Hurricane Harvey.…”
Section: Discussionmentioning
confidence: 99%