@TechReport{dp-634,
author = {Stein, Wiebke and Weisser, Reinhard A.},
astring = {Wiebke Stein and Reinhard A. Weisser},
title = {The impact of local shocks on well-being: Only a matter of perception?},
month = {July},
year = {2018},
pages = {35},
size     = {2420},
number = {634}, 
language = {en}, 
keywords = {perception; subjective well-being; GIS data; MODIS flood mapping}, 
jelclass = {I31, Q51, R23}, 
abstract = {This paper investigates how witnessing adverse events affects individuals' perceptions and consequently their personal subjective well-being. In order to do so, we compare material well-being dynamics with changes in subjective well-being. We link GIS data on local flood shocks to an extensive household sample from rural Southeast Asia. This allows us to contrast individuals who actually experienced a shock with those who did not. We find that the mere proximity to a potentially adverse flood shock, without any direct impact on a household's material well-being, can be sufficient to affect subjective well-being.}
}