score, was significantly lower for flood-affected households. Although access to social safety nets increased food …

flood shock, without any direct impact on a household's material well-being, can be sufficient to affect subjective well-being. … GIS data on local flood shocks to an extensive household sample from rural Southeast Asia. This allows us to contrast … individuals who actually experienced a shock with those who did not. We find that the mere proximity to a potentially adverse …

This paper demonstrates that low bank capital carries a negative externality because it amplifies local shock …

personal well-being. To identify potential exposure to a weather shock, we link satellite-based data on flooding to an … extensive household panel survey from rural Southeast Asia. We find that mere proximity to a potentially adverse shock, even … without reporting any actual experience of the shock, can be sufficient to reduce individual well-being levels. This effect is …