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Book/Printed Material Droughts, floods and financial distress in the United States

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Title

  • Droughts, floods and financial distress in the United States

Summary

  • "The relationships among the weather, agricultural markets, and financial markets have long been of interest to economic historians, but relatively little empirical work has been done. We push this literature forward by using modern drought indexes, which are available in detail over a wide area and for long periods of time to perform a battery of tests on the relationship between these indexes and sensitive indicators of financial stress. The drought indexes were devised by climate historians from instrument records and tree rings, and because they are unfamiliar to most economic historians and economists, we briefly describe the methodology. The financial literature in the area can be traced to William Stanley Jevons, who connected his sun spot theory to rainfall patterns. The Dust bowl of the 1930s brought the climate-finance link to the attention of the general public. Here we assemble new evidence to test various hypotheses involving the impact of extreme swings in moisture on financial stress"--National Bureau of Economic Research web site.

Names

  • Landon-Lane, John S.
  • Rockoff, Hugh
  • Steckel, Richard H. (Richard Hall), 1944-
  • National Bureau of Economic Research

Created / Published

  • Cambridge, MA : National Bureau of Economic Research, c2009.

Notes

  • -  Title from PDF file as viewed on 12/29/2009.
  • -  Includes bibliographical references.
  • -  Also available in print.
  • -  Mode of access: World Wide Web.
  • -  System requirements: Adobe Acrobat Reader.

Call Number/Physical Location

  • HB1

Digital Id

Library of Congress Control Number

  • 2009655847

Access Advisory

  • Unrestricted online access

Online Format

  • image
  • pdf

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Cite This Item

Citations are generated automatically from bibliographic data as a convenience, and may not be complete or accurate.

Chicago citation style:

Landon-Lane, John S, Hugh Rockoff, Richard H Steckel, and National Bureau Of Economic Research. Droughts, floods and financial distress in the United States. Cambridge, MA: National Bureau of Economic Research, 2009. Pdf. https://aj.sunback.homes/item/2009655847/.

APA citation style:

Landon-Lane, J. S., Rockoff, H., Steckel, R. H. & National Bureau Of Economic Research. (2009) Droughts, floods and financial distress in the United States. Cambridge, MA: National Bureau of Economic Research. [Pdf] Retrieved from the Library of Congress, https://aj.sunback.homes/item/2009655847/.

MLA citation style:

Landon-Lane, John S, et al. Droughts, floods and financial distress in the United States. Cambridge, MA: National Bureau of Economic Research, 2009. Pdf. Retrieved from the Library of Congress, <aj.sunback.homes/item/2009655847/>.