Natural disasters have an impact on poverty through many different channels-economic growth, health, schooling, behaviors-that are difficult to quantify. It is nonetheless possible to assess the short-term impacts of income losses. A counterfactual scenario is built of what people's income would...

Traditional risk assessments use asset losses as the main metric to measure the severity of a disaster. This paper proposes an expanded risk assessment based on a framework that adds socioeconomic resilience and uses wellbeing losses as the main measure of disaster severity. Using an agent-based...