Do natural disasters affect household saving?: evidence from the August 2002 flood in Germany
Recently, there is a growing interest in understanding how individuals adapt to changing climate conditions and climate-induced extreme weather events. An underexplored question is whether and how climate-related natural hazards affect household saving behavior. For this purpose, we exploit a natura...
Gespeichert in:
| Hauptverfasser: | , , , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Berlin
Freie Universität Berlin
October 30, 2024
|
| Schriftenreihe: | Discussion paper / Freie Universität Berlin, School of Business & Economics Economics
2024, 4 |
| Schlagworte: | |
| Online-Zugang: | kostenfrei |
| Zusammenfassung: | Recently, there is a growing interest in understanding how individuals adapt to changing climate conditions and climate-induced extreme weather events. An underexplored question is whether and how climate-related natural hazards affect household saving behavior. For this purpose, we exploit a natural experiment stemming from the European Flood of August 2002. Combining micro data with geo-coded flood maps allows us to analyze the causal impact of flood exposure on household savings within a differences-in-differences setting. We find that flood exposure depresses household saving behavior in the medium run. The most likely explanation is moral hazard induced by massive government support for affected households. |
| Beschreibung: | 1 Online-Ressource (53 Seiten) Diagramme, Karten |
Internformat
MARC
| LEADER | 00000nam a2200000 cb4500 | ||
|---|---|---|---|
| 001 | BV049951233 | ||
| 003 | DE-604 | ||
| 005 | 20250204 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 241114s2024 xx |||| o|||| 00||| eng d | ||
| 024 | 7 | |a 10.17169/refubium-45307 |2 doi | |
| 024 | 7 | |a urn:nbn:de:kobv:188-refubium-45595-4 |2 urn | |
| 035 | |a (OCoLC)1477602032 | ||
| 035 | |a (DE-599)BVBBV049951233 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-188 | ||
| 082 | 0 | |a 330 |2 23 | |
| 100 | 1 | |a Berlemann, Michael |e Verfasser |0 (DE-588)115325271 |4 aut | |
| 245 | 1 | 0 | |a Do natural disasters affect household saving? |b evidence from the August 2002 flood in Germany |c Michael Berlemann, Erik Haustein, Max F. Steinhardt, Jascha Tutt |
| 264 | 1 | |a Berlin |b Freie Universität Berlin |c October 30, 2024 | |
| 300 | |a 1 Online-Ressource (53 Seiten) |b Diagramme, Karten | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 1 | |a Discussion paper / Freie Universität Berlin, School of Business & Economics |v 2024, 4 |a Economics | |
| 520 | 3 | |a Recently, there is a growing interest in understanding how individuals adapt to changing climate conditions and climate-induced extreme weather events. An underexplored question is whether and how climate-related natural hazards affect household saving behavior. For this purpose, we exploit a natural experiment stemming from the European Flood of August 2002. Combining micro data with geo-coded flood maps allows us to analyze the causal impact of flood exposure on household savings within a differences-in-differences setting. We find that flood exposure depresses household saving behavior in the medium run. The most likely explanation is moral hazard induced by massive government support for affected households. | |
| 648 | 7 | |a Geschichte 2002 |2 gnd |9 rswk-swf | |
| 650 | 4 | |a Natural disasters | |
| 650 | 4 | |a flood | |
| 650 | 4 | |a saving behavior | |
| 650 | 4 | |a natural experiment | |
| 650 | 0 | 7 | |a Sparverhalten |0 (DE-588)4116554-8 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Haushalt |0 (DE-588)4023744-8 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Überschwemmung |0 (DE-588)4186634-4 |2 gnd |9 rswk-swf |
| 651 | 7 | |a Sachsen |0 (DE-588)4051176-5 |2 gnd |9 rswk-swf | |
| 689 | 0 | 0 | |a Sachsen |0 (DE-588)4051176-5 |D g |
| 689 | 0 | 1 | |a Überschwemmung |0 (DE-588)4186634-4 |D s |
| 689 | 0 | 2 | |a Haushalt |0 (DE-588)4023744-8 |D s |
| 689 | 0 | 3 | |a Sparverhalten |0 (DE-588)4116554-8 |D s |
| 689 | 0 | 4 | |a Geschichte 2002 |A z |
| 689 | 0 | |5 DE-188 | |
| 700 | 1 | |a Haustein, Erik |e Verfasser |0 (DE-588)1103821512 |4 aut | |
| 700 | 1 | |a Steinhardt, Max Friedrich |d 1976- |e Verfasser |0 (DE-588)141951176 |4 aut | |
| 700 | 1 | |a Tutt, Jascha |e Verfasser |0 (DE-588)1070864889 |4 aut | |
| 810 | 2 | |a Freie Universität Berlin, School of Business & Economics |t Discussion paper |v 2024, 4 : Economics |w (DE-604)BV026641400 |9 2024,4 | |
| 856 | 4 | 0 | |u https://refubium.fu-berlin.de/handle/fub188/45595 |x Resolving-System |z kostenfrei |3 Volltext |
| 912 | |a ebook | ||
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-035289255 | |
Datensatz im Suchindex
| _version_ | 1823131869343907840 |
|---|---|
| adam_text | |
| any_adam_object | |
| author | Berlemann, Michael Haustein, Erik Steinhardt, Max Friedrich 1976- Tutt, Jascha |
| author_GND | (DE-588)115325271 (DE-588)1103821512 (DE-588)141951176 (DE-588)1070864889 |
| author_facet | Berlemann, Michael Haustein, Erik Steinhardt, Max Friedrich 1976- Tutt, Jascha |
| author_role | aut aut aut aut |
| author_sort | Berlemann, Michael |
| author_variant | m b mb e h eh m f s mf mfs j t jt |
| building | Verbundindex |
| bvnumber | BV049951233 |
| collection | ebook |
| ctrlnum | (OCoLC)1477602032 (DE-599)BVBBV049951233 |
| dewey-full | 330 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 330 - Economics |
| dewey-raw | 330 |
| dewey-search | 330 |
| dewey-sort | 3330 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| era | Geschichte 2002 gnd |
| era_facet | Geschichte 2002 |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nam a2200000 cb4500</leader><controlfield tag="001">BV049951233</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20250204</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">241114s2024 xx |||| o|||| 00||| eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.17169/refubium-45307</subfield><subfield code="2">doi</subfield></datafield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">urn:nbn:de:kobv:188-refubium-45595-4</subfield><subfield code="2">urn</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1477602032</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV049951233</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-188</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">330</subfield><subfield code="2">23</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Berlemann, Michael</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)115325271</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Do natural disasters affect household saving?</subfield><subfield code="b">evidence from the August 2002 flood in Germany</subfield><subfield code="c">Michael Berlemann, Erik Haustein, Max F. Steinhardt, Jascha Tutt</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Berlin</subfield><subfield code="b">Freie Universität Berlin</subfield><subfield code="c">October 30, 2024</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (53 Seiten)</subfield><subfield code="b">Diagramme, Karten</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="1" ind2=" "><subfield code="a">Discussion paper / Freie Universität Berlin, School of Business & Economics</subfield><subfield code="v">2024, 4</subfield><subfield code="a">Economics</subfield></datafield><datafield tag="520" ind1="3" ind2=" "><subfield code="a">Recently, there is a growing interest in understanding how individuals adapt to changing climate conditions and climate-induced extreme weather events. An underexplored question is whether and how climate-related natural hazards affect household saving behavior. For this purpose, we exploit a natural experiment stemming from the European Flood of August 2002. Combining micro data with geo-coded flood maps allows us to analyze the causal impact of flood exposure on household savings within a differences-in-differences setting. We find that flood exposure depresses household saving behavior in the medium run. The most likely explanation is moral hazard induced by massive government support for affected households.</subfield></datafield><datafield tag="648" ind1=" " ind2="7"><subfield code="a">Geschichte 2002</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Natural disasters</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">flood</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">saving behavior</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">natural experiment</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Sparverhalten</subfield><subfield code="0">(DE-588)4116554-8</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Haushalt</subfield><subfield code="0">(DE-588)4023744-8</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Überschwemmung</subfield><subfield code="0">(DE-588)4186634-4</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="651" ind1=" " ind2="7"><subfield code="a">Sachsen</subfield><subfield code="0">(DE-588)4051176-5</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Sachsen</subfield><subfield code="0">(DE-588)4051176-5</subfield><subfield code="D">g</subfield></datafield><datafield tag="689" ind1="0" ind2="1"><subfield code="a">Überschwemmung</subfield><subfield code="0">(DE-588)4186634-4</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="2"><subfield code="a">Haushalt</subfield><subfield code="0">(DE-588)4023744-8</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="3"><subfield code="a">Sparverhalten</subfield><subfield code="0">(DE-588)4116554-8</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="4"><subfield code="a">Geschichte 2002</subfield><subfield code="A">z</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-188</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Haustein, Erik</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)1103821512</subfield><subfield code="4">aut</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Steinhardt, Max Friedrich</subfield><subfield code="d">1976-</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)141951176</subfield><subfield code="4">aut</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Tutt, Jascha</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)1070864889</subfield><subfield code="4">aut</subfield></datafield><datafield tag="810" ind1="2" ind2=" "><subfield code="a">Freie Universität Berlin, School of Business & Economics</subfield><subfield code="t">Discussion paper</subfield><subfield code="v">2024, 4 : Economics</subfield><subfield code="w">(DE-604)BV026641400</subfield><subfield code="9">2024,4</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://refubium.fu-berlin.de/handle/fub188/45595</subfield><subfield code="x">Resolving-System</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ebook</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-035289255</subfield></datafield></record></collection> |
| geographic | Sachsen (DE-588)4051176-5 gnd |
| geographic_facet | Sachsen |
| id | DE-604.BV049951233 |
| illustrated | Not Illustrated |
| indexdate | 2025-02-04T13:00:39Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-035289255 |
| oclc_num | 1477602032 |
| open_access_boolean | 1 |
| owner | DE-188 |
| owner_facet | DE-188 |
| physical | 1 Online-Ressource (53 Seiten) Diagramme, Karten |
| psigel | ebook |
| publishDate | 2024 |
| publishDateSearch | 2024 |
| publishDateSort | 2024 |
| publisher | Freie Universität Berlin |
| record_format | marc |
| series2 | Discussion paper / Freie Universität Berlin, School of Business & Economics Economics |
| spelling | Berlemann, Michael Verfasser (DE-588)115325271 aut Do natural disasters affect household saving? evidence from the August 2002 flood in Germany Michael Berlemann, Erik Haustein, Max F. Steinhardt, Jascha Tutt Berlin Freie Universität Berlin October 30, 2024 1 Online-Ressource (53 Seiten) Diagramme, Karten txt rdacontent c rdamedia cr rdacarrier Discussion paper / Freie Universität Berlin, School of Business & Economics 2024, 4 Economics Recently, there is a growing interest in understanding how individuals adapt to changing climate conditions and climate-induced extreme weather events. An underexplored question is whether and how climate-related natural hazards affect household saving behavior. For this purpose, we exploit a natural experiment stemming from the European Flood of August 2002. Combining micro data with geo-coded flood maps allows us to analyze the causal impact of flood exposure on household savings within a differences-in-differences setting. We find that flood exposure depresses household saving behavior in the medium run. The most likely explanation is moral hazard induced by massive government support for affected households. Geschichte 2002 gnd rswk-swf Natural disasters flood saving behavior natural experiment Sparverhalten (DE-588)4116554-8 gnd rswk-swf Haushalt (DE-588)4023744-8 gnd rswk-swf Überschwemmung (DE-588)4186634-4 gnd rswk-swf Sachsen (DE-588)4051176-5 gnd rswk-swf Sachsen (DE-588)4051176-5 g Überschwemmung (DE-588)4186634-4 s Haushalt (DE-588)4023744-8 s Sparverhalten (DE-588)4116554-8 s Geschichte 2002 z DE-188 Haustein, Erik Verfasser (DE-588)1103821512 aut Steinhardt, Max Friedrich 1976- Verfasser (DE-588)141951176 aut Tutt, Jascha Verfasser (DE-588)1070864889 aut Freie Universität Berlin, School of Business & Economics Discussion paper 2024, 4 : Economics (DE-604)BV026641400 2024,4 https://refubium.fu-berlin.de/handle/fub188/45595 Resolving-System kostenfrei Volltext |
| spellingShingle | Berlemann, Michael Haustein, Erik Steinhardt, Max Friedrich 1976- Tutt, Jascha Do natural disasters affect household saving? evidence from the August 2002 flood in Germany Natural disasters flood saving behavior natural experiment Sparverhalten (DE-588)4116554-8 gnd Haushalt (DE-588)4023744-8 gnd Überschwemmung (DE-588)4186634-4 gnd |
| subject_GND | (DE-588)4116554-8 (DE-588)4023744-8 (DE-588)4186634-4 (DE-588)4051176-5 |
| title | Do natural disasters affect household saving? evidence from the August 2002 flood in Germany |
| title_auth | Do natural disasters affect household saving? evidence from the August 2002 flood in Germany |
| title_exact_search | Do natural disasters affect household saving? evidence from the August 2002 flood in Germany |
| title_full | Do natural disasters affect household saving? evidence from the August 2002 flood in Germany Michael Berlemann, Erik Haustein, Max F. Steinhardt, Jascha Tutt |
| title_fullStr | Do natural disasters affect household saving? evidence from the August 2002 flood in Germany Michael Berlemann, Erik Haustein, Max F. Steinhardt, Jascha Tutt |
| title_full_unstemmed | Do natural disasters affect household saving? evidence from the August 2002 flood in Germany Michael Berlemann, Erik Haustein, Max F. Steinhardt, Jascha Tutt |
| title_short | Do natural disasters affect household saving? |
| title_sort | do natural disasters affect household saving evidence from the august 2002 flood in germany |
| title_sub | evidence from the August 2002 flood in Germany |
| topic | Natural disasters flood saving behavior natural experiment Sparverhalten (DE-588)4116554-8 gnd Haushalt (DE-588)4023744-8 gnd Überschwemmung (DE-588)4186634-4 gnd |
| topic_facet | Natural disasters flood saving behavior natural experiment Sparverhalten Haushalt Überschwemmung Sachsen |
| url | https://refubium.fu-berlin.de/handle/fub188/45595 |
| volume_link | (DE-604)BV026641400 |
| work_keys_str_mv | AT berlemannmichael donaturaldisastersaffecthouseholdsavingevidencefromtheaugust2002floodingermany AT hausteinerik donaturaldisastersaffecthouseholdsavingevidencefromtheaugust2002floodingermany AT steinhardtmaxfriedrich donaturaldisastersaffecthouseholdsavingevidencefromtheaugust2002floodingermany AT tuttjascha donaturaldisastersaffecthouseholdsavingevidencefromtheaugust2002floodingermany |