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Discussion Paper
How effective were the financial safety nets in the aftermath of Katrina?
This paper describes the U.S. financial system?s response to the destruction caused by Hurricane Katrina and examines how financial safety nets helped meet consumers? needs in the aftermath of the storm. Overall, we find that consumers who hold deposit accounts at financial institutions are less vulnerable to financial disruptions than individuals who do not have either a checking or a savings account (the unbanked). The federal banking regulators? and financial institutions? responses to Hurricane Katrina, the financial vulnerability of unbanked families to this unexpected catastrophic ...
Journal Article
Operation HOPE Seeks Economic Triage Volunteers for Hurricane Katrina
Operation HOPE Inc.'s HOPE Coalition America provides financial and economic guidance and assistance to individuals affected by disasters.
Journal Article
Smart growth and rebuilding the Mississippi Gulf Coast
The task of rebuilding Mississippi communities shattered by Hurricane Katrina is prompting some officials, builders, and citizens to consider new ways to envision zoning and development.
Journal Article
Katrina update : recovery comes slowly
Though much progress has been made recovering from 2005?s hurricanes, even more work remains in the Gulf Coast region. As employment rebounds and cleanup continues, full recovery is still a distant goal.
Journal Article
New booklet teaches bankers lessons from Hurricane Katrina
The aftermath of Hurricane Katrina demonstrated the importance of disaster preparedness. Banking agencies have developed a publication to help financial institutions prepare for extraordinary circumstances.
Journal Article
Atlanta Fed president discusses hurricanes, economic growth, and energy
In a recent speech, Jack Guynn said that despite the short-term disruption Hurricanes Katrina and Rita caused, the U.S. economy is poised for growth and low inflation.