This paper develops a novel procedure for proxying economic activity with day-time satellite imagery across time periods and spatial units, for which reliable data on economic activity are otherwise not available. In developing this unique proxy, we apply machine-learning techniques to a...

We provide, for the first time, comparative evidence of the impact of various types of extreme events – natural disasters, terrorism, and violent conflicts – on the perceptions of entrepreneurs concerning some key entrepreneurial issues – such as fear of failure in starting a business...

This paper analyzes how policy changes affect shareholder wealth in the context of environmental regulation. We exploit the unique and unexpected German reaction to the Fukushima Daiichi nuclear disaster, which involved the immediate shutdown of almost half of Germany's nuclear reactors while...

We study whether natural disasters affect risk-taking behavior exploiting geographic variation in exposure to natural disasters. We conduct standard risk games (using real money) with randomly selected individuals in Indonesia and find that individuals who recently suffered a flood or earthquake...

This paper studies the impact of the 1999 Colombian Earthquake on child nutrition and schooling. The identification strategy combines household survey data with event data on the timing and location of the earthquake, exploiting the exogenous exposure of children to the shock. The paper uniquely...

The aim of this paper is to assess the relationship between natural disasters caused by climate change and migration by interesting in the migration rates and the education level in developing countries. Many studies such as the Stern review (2007) or the Intergovernmental Panel on Climate...

We study the impact of the Fukushima disaster on people's mental well‐being in another industrialized country, more than 5000 miles distant. The meltdown significantly increased environmental concerns by 20% among the German population. Subsequent drastic policy action permanently shut down...

This paper uses the synthetic control method to look at how the L'Aquila earthquake affected subsequent enrolment at the local university. Such an issue is closely related to the economic consequences caused by this event given the large contribution made by the university to the local economy...

High-profile disasters can cause large spikes in philanthropy and volunteerism. By providing temporary positive shocks to the altruism of donors, these natural experiments help identify heterogeneity in the distributions of the latent altruism which motivates donors. This study examines gender...

Using household-level data, we explore the relationship between donations to the victims of the 2004 Indian Ocean tsunami disaster and other charitable donations. The empirical evidence suggests that donations specifically for the victims of the tsunami are positively associated with the amount...