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Recovery mode: Non-cognitive skills after the storm

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  • Biener, Christian
  • Landmann, Andreas

Abstract

We analyze the very short-term causal impact of exposure to one of the most powerful storms ever recorded to strike land on locus of control, beliefs in reciprocity, and risk preferences within a sample of 2,352 individuals. We find that people exhibit significantly lower external locus of control, beliefs in reciprocity, and risk aversion after the shock. Our identification is based on field work that coincidentally started shortly before the typhoon and that continued thereafter. The short-term impact we document has not been observed previously, and we thus fill a gap in the emerging literature on the stability of non-cognitive skills.

Suggested Citation

  • Biener, Christian & Landmann, Andreas, 2023. "Recovery mode: Non-cognitive skills after the storm," World Development, Elsevier, vol. 164(C).
    • Handle: RePEc:eee:wdevel:v:164:y:2023:i:c:s0305750x22003424
    DOI: 10.1016/j.worlddev.2022.106152
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    More about this item

    Keywords

    Non-cognitive skill stability; Natural disaster; Preferences;
    All these keywords.

    JEL classification:

    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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