Direct Shock Experience vs. Tangential Shock Exposure: Indirect Effects of Flood Shocks on Well-Being and Preferences

doi:10.1093/wber/lhac012

Publication:
Direct Shock Experience vs. Tangential Shock Exposure: Indirect Effects of Flood Shocks on Well-Being and Preferences

creativeworkseries.issn	1564-698X
dc.contributor.author	Stein, Wiebke
dc.contributor.author	Weisser, Reinhard A.
dc.date.accessioned	2024-02-29T21:08:56Z
dc.date.available	2024-02-29T21:08:56Z
dc.date.issued	2022-08-31
dc.description.abstract	With extreme weather events on the rise, the question of how witnessing adverse weather events may affect individuals’ perception, and consequently their subjective well-being, gains in relevance. To identify events that have been witnessed, i.e., tangential exposure to a weather shock, satellite-based data on flooding is linked to an extensive household panel survey from rural Southeast Asia. Contrasting direct shock experience with tangential shock exposure, we find that mere proximity to a potentially adverse shock, without reporting any actual direct shock experience, could be sufficient to reduce subjective well-being. This effect is not only restricted to the present but can also impinge on expected future well-being dynamics. Eventually, such a persistent effect from witnessing a weather shock may have further politico-economic repercussions, for instance, by altering support for redistribution policies.	en
dc.identifier	http://documents.worldbank.org/curated/en/099843212112318568/IDU0818775230cd10046340b28606c490a02f4be
dc.identifier.citation	The World Bank Economic Review
dc.identifier.doi	10.1596/41139
dc.identifier.issn	0258-6770 (print)
dc.identifier.issn	1564-698X (online)
dc.identifier.uri	https://hdl.handle.net/10986/41139
dc.language	English
dc.language.iso	en_US
dc.publisher	Published by Oxford University Press on behalf of the World Bank
dc.relation.ispartofseries	World Bank Economic Review
dc.rights	CC BY-NC-ND 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.subject	ENVIRONMENTAL SHOCKS
dc.subject	SUBJECTIVE WELL-BEING
dc.subject	PERCEPTION
dc.subject	GIS DATA
dc.subject	MODIS FLOOD MAPPING
dc.title	Direct Shock Experience vs. Tangential Shock Exposure	en
dc.title.subtitle	Indirect Effects of Flood Shocks on Well-Being and Preferences	en
dc.type	Journal Article
dspace.entity.type	Publication
okr.crossref.title	Direct Shock Experience vs. Tangential Shock Exposure: Indirect Effects of Flood Shocks on Well-Being and Preferences
okr.date.disclosure	2023-12-11
okr.date.lastmodified	2023-12-11T00:00:00Z	en
okr.doctype	Journal Article
okr.doctype	Publications & Research
okr.docurl	http://documents.worldbank.org/curated/en/099843212112318568/IDU0818775230cd10046340b28606c490a02f4be
okr.guid	099843212112318568
okr.identifier.docmid	IDU-81877523-cd10-4634-b286-6c490a02f4be
okr.identifier.doi	10.1093/wber/lhac012
okr.identifier.doi	https://doi.org/10.1596/41139
okr.identifier.externaldocumentum	34212255
okr.identifier.internaldocumentum	34212255
okr.identifier.report	186365
okr.import.id	3319
okr.imported	true	en
okr.language.supported	en
okr.pagenumber	909–933
okr.pdfurl	http://documents.worldbank.org/curated/en/099843212112318568/pdf/IDU0818775230cd10046340b28606c490a02f4be.pdf	en
okr.peerreview	Academic Peer Review
okr.region.geographical	World
okr.topic	Health, Nutrition and Population::Mental Health
okr.topic	Environment::Natural Disasters
okr.unit	Off of Sr VP Dev Econ/Chief Econ (DECVP)
okr.volume	36(4)
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