Few studies have attempted to investigate the link between poverty and vulnerability with respect to natural disasters. By applying a utility model to panel data from Indonesia that brackets a major forest fire, this paper estimates and analyzes households’ vulnerability in both total...

Natural disasters give rise to loss and damage and may affect subjective expectations about the prevalence and severity of future disasters. These expectations might then in turn shape individuals’ investment behaviors, potentially affecting their incomes in subsequent years. As part of an...