Sea Level Rise and Urban Inequality

By:

Hsiao, Allan

Material type:

Continuing resourcePublication details: AEA Papers and Proceedings; 2024Description: 47-51ISSN:

2574-0768

Subject(s):

Online resources:

Click here to access online

Summary: Sea level rise threatens coastal cities around the world. Will it exacerbate inequality in these already unequal places? The rich may adapt by moving to higher ground, bidding up prices and pushing the poor elsewhere. I study the distributional consequences of this spatial sorting with a simple quantitative model and granular data from Jakarta, a flood-prone megacity of 32 million. I find that sea level rise will double inequality in flood exposure.

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Item type	Current library	Vol info	Status	Barcode
Article Index	Dr VKRV Rao Library	Vol. 114,	Not for loan	AI224

Sea level rise threatens coastal cities around the world. Will it exacerbate inequality in these already unequal places? The rich may adapt by moving to higher ground, bidding up prices and pushing the poor elsewhere. I study the distributional consequences of this spatial sorting with a simple quantitative model and granular data from Jakarta, a flood-prone megacity of 32 million. I find that sea level rise will double inequality in flood exposure.

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