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Well-being Effects of Extreme Weather Events in the US

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  • Ahmadiani, Mona
  • Ferreira, Susana

Abstract

This paper estimates the effect of extreme weather and climate events on the subjective wellbeing of US residents. We match forty two billion-dollar disaster events with individual survey data between 2005 and 2010. We find that being affected by a disaster has a negative and robust impact on life satisfaction that disappears 6 to 8 months after the event. In our sample severe storms are the main culprit in the reduction of life satisfaction; droughts also have a negative impact on life satisfaction and exhibit a more persistent effect.

Suggested Citation

  • Ahmadiani, Mona & Ferreira, Susana, 2016. "Well-being Effects of Extreme Weather Events in the US," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 236259, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea16:236259
    DOI: 10.22004/ag.econ.236259
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    References listed on IDEAS

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    Cited by:

    1. Lohmann, Paul & Pondorfer, Andreas & Rehdanz, Katrin, 2019. "Natural Hazards and Well-Being in a Small-Scale Island Society," Ecological Economics, Elsevier, vol. 159(C), pages 344-353.

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    Keywords

    Environmental Economics and Policy; Health Economics and Policy; Public Economics;
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