Long-Run Consequences of Exposure to Natural Disasters

• 成果类型: Article
• 署名作者: Karbownik, Krzysztof; Wray, Anthony
• 署名单位: Emory University; University of Southern Denmark
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/702652
• 发表日期: 2019
• 页码: 949-1007
• 关键词: term consequences; UNITED-STATES; HEALTH; outcomes; LIFE; pregnancy; selection; cortisol; stress; birth

摘要

We explore whether fetal and postnatal exposure to tropical cyclones affects education and income in adulthood by using World War I draft records linked to census data. Difference-in-differences estimates indicate that white males born in hurricane-prone US states who experienced a hurricane in utero or as infants had 5% lower income. Labor force participation was unaffected, while education and migration account for a small portion of the effects on income. Empirical tests suggest the persistent impact of damage is an unlikely channel. Thus, we attribute the findings to lower health capital stemming from temporary disruption in the aftermath of storms.