How Does A Financial Crisis Start?  Insights from Hurricane Katrina and the Financial Crisis of 2008

Robert Bruner

doi:10.33774/apsa-2026-741ns

Public Opinion and Voting Behavior

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How Does A Financial Crisis Start? Insights from Hurricane Katrina and the Financial Crisis of 2008

08 April 2026, Version 1

Working Paper

Robert Bruner

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This content is an early or alternative research output and has not been peer-reviewed at the time of posting.

Abstract

This study examines the hypothesis that changes in public sentiment triggered by Hurricane Katrina in 2005 commenced a debt-deflation cycle culminating in the financial crisis of 2008. The findings of a significant change in public sentiment are consistent with the hypothesis.

Keywords

sentiment analysis

public opinion

financial crisis

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Version History

Apr 08, 2026 Version 1

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DOI

10.33774/apsa-2026-741ns

Funding

University of Virginia Darden School Foundation

none

Author’s competing interest statement

The author(s) have declared they have no conflict of interest with regard to this content

Ethics

The author(s) have declared ethics committee/IRB approval is not relevant to this content

Conference

2026 APSA Virtual Research Meeting