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 article examines the role of the state in development, and the question of poverty, inequality and regional disparity in selected ASEAN countries Malaysia, Indonesia, Thailand and the Philippines in the context of both internal and external pressures faced by the state and how its responds...

We study the effects of risk and uncertainty on education in Indonesia. Households that face more uncertainty, and that have limited or no access to formal insurance, will have a higher motive for self-insurance and this may have adverse consequences for investment in child education. A key...

International investors' enthusiasm with respect to growth prospects in Southeast Asia has been followed by panic. Both the outstanding economic performance of Southeast Asian economies and their ability to master adjustment challenges had led most observers of these economies to the conclusion...

This paper analyzes environmental expenditures in Indonesia – a significant newly industrializing economy – reported at the plant level comprising all 23 thousand manufacturing establishments with more than 20 employees. Since compliance is barely enforced, pollution abatement expenditures...

We propose a methodology for comparing poverty over multiple periods across time and space without arbitrarily aggregating income over various years or relying on arbitrarily specified poverty lines. Following Duclos et al. (2006a), we use the multivariate stochastic dominance methodology to...