Sea Level Rise and Urban Inequality

Allan Hsiao

AEA Papers and Proceedings, 2024, vol. 114, 47-51

Abstract: 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.

JEL-codes: D63 O13 O15 O18 Q25 Q54 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1257/pandp.20241011

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