of living elsewhere. When a natural disaster or other exogenous shock forces individuals to move, the net impact on …

of living elsewhere. When a natural disaster or other exogenous shock forces individuals to move, the net impact on …

This paper examines households' self-insurance in financial markets when a rare personal disaster, such as disability … or long-term unemployment, may occur during working years. Personal disaster risk alters lifetime ex-ante investment … choices, even if most workers will not experience a disaster. Uncertainty about the size of human capital losses, which …

of living elsewhere. When a natural disaster or other exogenous shock forces individuals to move, the net impact on …