The potential economic impact of volcano alerts ...Middle East

A new study published in Risk Analysis suggests that, when a Volcano Alert remains elevated at any level above "normal" due to a period of volcanic unrest, it can cause a decline in the region's housing prices and other economic indicators. The authors argue that federal policymakers may need to account for the effects of prolonged volcanic unrest -- not just destructive eruptions -- in the provision of disaster relief funding.

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