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 … significantly reduces the probability of completing basic education ten to eleven years after the shock. Both effects are driven by …

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 …