New Paper: Normalized hurricane damage in the continental United States 1900–2017

rogerpielkejr's avatarRoger Pielke Jr.

Screen Shot 2018-11-26 at 10.18.07 AMOur major update to the CONUS normalized hurricane loss dataset has now been published, after several years of effort and an intensive review process by Nature Sustainability. Abstract in the image above.

Weinkle et al. 2018.Normalized hurricane damage in the continental United States 1900–2017, Nature Sustainability. (Link)

Email me at rpielkejr at gmail if you’d like a copy. Happy to take any questions via Twitter, rogerpielkejr.

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Good summary

Heterogeneous agent macroeconomics has a long history, and it raises many questions

Beatrice's avatarThe Undercover Historian

A cornerstone of thoughtful and lazy criticisms of mainstream macroeconomics alike is the idea that macroeconomists have spent 40 years just writing infinitely lived representative agent models (in which all agents behave the same way and are eternal), and isn’t it a ridiculous assumption? To which mainstream macroeconomics invariably respond: “heterogeneous agent models are all over the place,” which is in turn invariably met with “yes, but this is a very recent development.” I have myself long considered the development of heterogeneous agent macro as a response to the 2008 crisis. Then I began working on the history of economics at Minnesota, and I realized that by the mid-1980s, heterogeneous agent models were alreadyall over the place. Much of the current discussions on the-state-of-macro are premised on a flawed historical narrative. And acknowledging that representative agent models have long coexisted with heterogeneous agent models of various stripes raises a…

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