National Bureau of Economic Research News

The Cost of Killer Heat: A Rising Risk of Death in Poor Nations

A few years ago, several top climate researchers joined forces to launch a data-intensive economics research project that promised the most careful estimates yet of how much damage warming may bring and what it implies for the cost of climate …

Wildfires Are Taking an Unexpectedly Huge Toll on America’s Lungs

During the 2018 Camp Fire, which lasted 17 days and killed 85 people, residents of nearby Northern California communities breathed in enough smoke to equal half a pack of cigarettes. Many of the questions being asked then sound eerily familiar …

Americans Are Paying $34 Billion Too Much for Houses in Flood Plains

At least 3.8 million U.S. homes lie in flood plains. Together, they may be overvalued by $34 billion. New research published today in a National Bureau of Economic Research working paper shows that markets fail to incorporate risks from flooding …

Insurance Group Says Data Suggests Cannabis is Increasing Accident Rates

Preliminary research indicates that the legalization of recreational marijuana in 10 states has increased accident rates, the Insurance Information Institute said Wednesday. The group cited an October 2018 study by the Highway Loss Data Institute that shows collision claim frequency …