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Original Articles

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

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Pages 303-306 | Published online: 18 Feb 2011

References

  • Cochrane , JH . 1991 . A simple test of consumption insurance . Journal of Political Economy , 99 : 957 – 76 .
  • Horwich , G . 2000 . Economic lessons from Kobe earthquake . Economic Development and Cultural Change , 48 : 521 – 42 .
  • 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 ,
  • Kohara , M , Ohtake , F and Saito , M . 2001 . “ A test of the full insurance hypothesis: the case of Japan ” . In mimeo , Hitotsubashi University .
  • 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 : 335 – 52 .
  • Mace , BJ . 1991 . Full insurance in the presence of aggregate uncertainty . Journal of Political Economy , 99 : 928 – 96 .
  • Ravallion , M and Chaudhuri , S . 1997 . Risk and insurance in village India: comment . Econometrica , 65 : 171 – 84 .
  • Sawada , Y and Shimizutani , S . 2005 . “ Are people insured against natural disasters? Evidence from the Great Hashin-Awaji (Kobe) earthquake ” . In CIRJE Discussion Paper F-314 , Faculty of Economics, University of Tokyo .

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