Wirtschaftswissenschaftliche Fakultät der Leibniz Universität Hannover

2021 / 2020 / 2019 / 2018 / 2017 / 2016 / ältere Diskussionspapiere anzeigen

Diskussionspapiere - Hannover Economic Papers (HEP)

Observing traumatic events: Indirect effects of flood shocks on well-being and preferences

Autor: Wiebke Stein and Reinhard A. Weisser
Nummer: 678, Nov 2020, pp. 34
JEL-Class: I31; Q51; R23

Abstract:
This paper investigates how witnessing adverse weather events affects individuals' perceptions and consequently their personal well-being. To identify potential exposure to a weather shock, we link satellite-based data on flooding to an extensive household panel survey from rural Southeast Asia. We find that mere proximity to a potentially adverse shock, even without reporting any actual experience of the shock, can be sufficient to reduce individual well-being levels. This effect is not only restricted to the present but can also impinge on expected future well-being dynamics. Such a persistent distortionary effect from witnessing a weather shock may also have politico-economic repercussions by, for instance, altering support for redistributive policies.

Zusammenfassung:
/N

Diskussionspapier als PDF-Datei herunterladen
BibTeX-Datensatz herunterladen

| ©2004 - 2021 Wirtschaftswissenschaftliche Fakultät, letzte Änderung am 2014-09-02 11:55:06