Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/200646 
Year of Publication: 
2018
Series/Report no.: 
Hannover Economic Papers (HEP) No. 634
Publisher: 
Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät, Hannover
Abstract: 
This paper investigates how witnessing adverse events affects individuals' perceptions and consequently their personal subjective well-being. In order to do so, we compare material well-being dynamics with changes in subjective well-being. We link 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 flood shock, without any direct impact on a household's material well-being, can be sufficient to affect subjective well-being.
Subjects: 
perception
subjective well-being
GIS data
MODIS flood mapping
JEL: 
I31
Q51
R23
Document Type: 
Working Paper

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