Living like there's no tomorrow: The psychological effects of an earthquake on savings and spending behavior
Natural disasters impact economies not only through physical damages, but also by affecting survivors emotionally and psychologically. This can alter their economic behavior, in ways that remain poorly understood. We present a model of post-disaster savings that reveals two opposing tendencies: the...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Elsevier B.V.
2019
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Subjects: | |
Online Access: | View Fulltext in Publisher |