The Unholy Trinity: Fat Tails, Tail Dependence, and Micro-Correlations
This paper outlines strategies for detection, measurement, and analysis of fat-tailed risks, tail-dependent risks, and risks characterized by micro-correlations.
Dr. Carolyn Kousky
Dr. Carolyn Kousky is a nonresident fellow at RFF and Associate Vice President for Economics and Policy at Environmental Defense Fund.
Working Paper — Dec 15, 2023
Managed Retreat and Flood Recovery: The Local Economic Impacts of a Buyout and Acquisition Program
This working paper evaluates the property- and neighborhood-level impacts of a buyout and acquisition program in New York State following Hurricane Sandy.
Explainer — Dec 13, 2023
Flooding in the United States 102: Policy and Solutions
This explainer details several policy tools aimed at reducing our communities' exposure and vulnerability to flood risk.
Resources Radio — Dec 12, 2023
How Do Natural Disasters Affect Students?, with Isaac Opper
Isaac Opper discusses the effects of natural disasters on education outcomes for students and the resulting stock of skills in the US labor force.