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UID:pretalx-2026-EBWYNS@conferences.acspri.org.au
DTSTART;TZID=AEST:20261125T160000
DTEND;TZID=AEST:20261125T161500
DESCRIPTION:This study examines the effects of cyclones on life satisfactio
 n in Australia\, exploiting local exposure to cyclones as a natural experi
 ment to address the limited causal evidence in the existing literature. Us
 ing 24 years of nationally representative panel data and individual fixed-
 effects models\, we find that only the most severe Category 5 events—par
 ticularly those occurring in close proximity to individuals’ residences
 —have statistically significant and economically meaningful negative eff
 ects on overall life satisfaction\, as well as on satisfaction with commun
 ity and health. Moreover\, these severe cyclones generate persistent or de
 layed adverse effects on satisfaction with employment opportunities\, neig
 hbourhood\, community\, and personal safety. Back-of-the-envelope calculat
 ions indicate that the estimated effects of Category 5 cyclone exposure wi
 thin 100 km of one’s residence are equivalent to an income loss of appro
 ximately 1.4% to 6.5%\, depending on the life satisfaction domain consider
 ed. The negative impacts are most pronounced among males\, younger individ
 uals\, and those without prior residential insurance coverage\, underscori
 ng the importance of insurance in mitigating the adverse effects of natura
 l disasters on life satisfaction.
DTSTAMP:20261013T065957Z
LOCATION:Sutherland Room
SUMMARY:Delving into the eye of the cyclone to quantify the causal impacts 
 of natural disasters on life satisfaction - Francis Mitrou
URL:https://conferences.acspri.org.au/2026/talk/EBWYNS/
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