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Journal Article
2005 Atlanta Fed annual report remembers the aftermath of Katrina
The Atlanta Fed?s recently released 2005 annual report pays tribute to the dedication and heroism of the directors and staff of its New Orleans Branch and to the resilience of the people of the Gulf Coast.
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 operations withstand Katrina's might
Hurricane Katrina brought unprecedented challenges to the Atlanta Fed?s New Orleans Branch, but the Fed?s contingency efforts helped maintain payments in the region.
Journal Article
IDA Program Rebuilding Lives in Louisiana
Louisiana legislators recently approved $2 million in funding for a statewide individual development account program aimed at getting low-income hurricane victims back on their feet.
Journal Article
In the eye of the storm: gasoline markets after the hurricanes
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
Disasters, income, and wealth