Consumption insurance against natural disasters: Evidence from the Great Hanshin-Awaji (Kobe) earthquake

Applied Economics Letters

Volumn 14, Issue 4, 2007, Pages 303-306

  Sawada, Yasuyuki ^a   Shimizutani, Satoshi ^b  

^a UNIVERSITY OF TOKYO   (Japan)

^b HITOTSUBASHI UNIVERSITY   (Japan)

Author keywords

[No Author keywords available]

Indexed keywords

INSURANCE SYSTEM; KOBE EARTHQUAKE 1995; NATURAL DISASTER;

EID: 33947432699     PISSN: 13504851     EISSN: 14664291     Source Type: Journal    
DOI: 10.1080/13504850500447364     Document Type: Article

References (8)

1. Cochrane, JH (1991) A simple test of consumption insurance. Journal of Political Economy, 99, pp. 957-976.
2. Horwich, G. (2000) Economic lessons from Kobe earthquake. Economic Development and Cultural Change, 48, pp. 521-542.
3. Hyogo Prefecture (1997) Shinsai-go no Kurashi no Henka Kara Mita Shouhi Kouzou ni Tsuite no Chousa Houkokusho (Research report on changes in lifestyles and consumption behaviour following the disaster). Hyogo Ken
4. Kohara, M., Ohtake, F. and Saito, M. (2001) A test of the full insurance hypothesis: The case of Japan. mimeo, Hitotsubashi University
5. Kohara, M., Ohtake, F. and Saito, M. (2002) A test of the full insurance hypothesis: The case of Japan. Journal of the Japanese and International Economies, 16, pp. 335-352.
6. Mace, BJ (1991) Full insurance in the presence of aggregate uncertainty. Journal of Political Economy, 99, pp. 928-996.
7. Ravallion, M. and Chaudhuri, S. (1997) Risk and insurance in village India: Comment. Econometrica, 65, pp. 171-184.
8. Sawada, Y. and Shimizutani, S. (2005) Are people insured against natural disasters? Evidence from the Great Hashin-Awaji (Kobe) earthquake. CIRJE Discussion Paper F-314, Faculty of Economics, University of Tokyo