policies to reduce household vulnerability, including the role of discounting. In particular, we highlight the limited coping …We provide an initial framework regarding priorities for government programs to reduce the natural-disaster … conceptual framework for understanding resilience at the household level and evidence from the PCED Social Protection Survey …

disaster prone countries with weak social safety nets. …

Climate-related natural disaster shocks are expected to rise as the earth is getting warmer, which will adversely … of development gains and exacerbate inequality. To cope with increasing disaster risks, both short-term adaptation … strategies like relocation, government transfers, and other social safety nets, as well as long-term strategies like disaster …

focus is on two extremely severe winters that caused mass livestock mortality. We use household panel data with … comprehensive retrospective information on households’ historic experience with weather shocks. Exposure to the weather shock … significantly reduces the likelihood of being enrolled in mandatory school two to three years after the shock. Similarly, it …

characterized by a constant growth rate of consumption and of the capital stock until a shock arrives, triggering a downward jump in …

economies. Furthermore, we provide a specific example for an idiosyncratic supply shock to a small sector that amplifies to an …

How does subjective well-being depend on the fate of others when a covariate shock strikes? In this paper, we address … this question by providing novel evidence on the impact of shock-induced damages experienced by individuals and their … winter disaster. Our identification strategy exploits the quasi-experimental nature of the extreme event. The empirical …