Stein, W.; Weisser, R.A.: Direct Shock Experience vs. Tangential Shock Exposure: Indirect Effects of Flood Shocks on Well-Being and Preferences. In: World Bank Economic Review, The 36 (2022), Nr. 4, S. 909-933. DOI: https://doi.org/10.1093/wber/lhac012
Abstract: | |
With extreme weather events on the rise, the question of how witnessing adverse weather events may affect individuals' perception, and consequently their subjective well-being, gains in relevance. To identify events that have been witnessed, i.e., tangential exposure to a weather shock, satellite-based data on flooding is linked to an extensive household panel survey from rural Southeast Asia. Contrasting direct shock experience with tangential shock exposure, we find that mere proximity to a potentially adverse shock, without reporting any actual direct shock experience, could be sufficient to reduce subjective well-being. This effect is not only restricted to the present but can also impinge on expected future well-being dynamics. Eventually, such a persistent effect from witnessing a weather shock may have further politico-economic repercussions, for instance, by altering support for redistribution policies. | |
License of this version: | CC BY-NC 4.0 Unported |
Document Type: | Article |
Publishing status: | publishedVersion |
Issue Date: | 2022 |
Appears in Collections: | Wirtschaftswissenschaftliche Fakultät |
pos. | country | downloads | ||
---|---|---|---|---|
total | perc. | |||
1 | ![]() |
Germany | 22 | 64.71% |
2 | ![]() |
United States | 10 | 29.41% |
3 | ![]() |
Indonesia | 1 | 2.94% |
4 | ![]() |
Chile | 1 | 2.94% |
Hinweis
Zur Erhebung der Downloadstatistiken kommen entsprechend dem „COUNTER Code of Practice for e-Resources“ international anerkannte Regeln und Normen zur Anwendung. COUNTER ist eine internationale Non-Profit-Organisation, in der Bibliotheksverbände, Datenbankanbieter und Verlage gemeinsam an Standards zur Erhebung, Speicherung und Verarbeitung von Nutzungsdaten elektronischer Ressourcen arbeiten, welche so Objektivität und Vergleichbarkeit gewährleisten sollen. Es werden hierbei ausschließlich Zugriffe auf die entsprechenden Volltexte ausgewertet, keine Aufrufe der Website an sich.