2,064,823 research outputs found

    Lantern slide ""Maiko beach near Kobe'

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    Slide frame marked, 'Maiko beach near Kobe. By T. Takagi, Kobe.'Japa

    "Consumption Insurance and Risk-Coping Strategies under Non-Separable Utility: Evidence from the Kobe Earthquake"

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    Using a unique household-level dataset on the situation after the Kobe earthquake in 1995, we test the full consumption risk sharing hypothesis, relaxing the separability assumption, and examine households' simultaneous choice of risk coping measures. Using multivariate probit estimations, we find that the full consumption insurance hypothesis is strongly rejected and our results indicate that households' utility across different expenditure items is not separable. As for households' choice of risk-coping measures, households borrowed extensively against housing damage, but relied on dissaving to cope with smaller asset damage, implying a hierarchy of risk-coping measures from dissaving to borrowing.

    Consumption Insurance and Risk-Coping Strategies under Non-Separable Utility: Evidence from the Kobe Earthquake

    No full text
    Using a unique household-level dataset on the situation after the Kobe earthquake in 1995, we test the full consumption risk sharing hypothesis, relaxing the separability assumption, and examine households' simultaneous choice of risk coping measures. Using multivariate probit estimations, we find that the full consumption insurance hypothesis is strongly rejected and our results indicate that households' utility across different expenditure items is not separable. As for households' choice of risk-coping measures, households borrowed extensively against housing damage, but relied on dissaving to cope with smaller asset damage, implying a hierarchy of risk-coping measures from dissaving to borrowing.

    Lantern slide 'Street scene of Kobe'

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    Slide frame marked, 'Street scene of Kobe. By T. Takagi, Kobe.'Japa

    Kobe, Japan 1970

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    Title provided by cataloger. Includes 2 inset diagrams and illustration of the Kobe Daimaru store.Color

    Lantern slide 'Daibutsu at Kobe'

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    Slide frame marked, 'Daibutsu at Kobe [handwritten]. By T. Takagi, Kobe'Japa

    Senior Recital: Kobe Greene

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    A Senior Recital featuring Kobe Greene and Dr. Eric Jenkins.https://digitalcommons.kennesaw.edu/musicprograms/2423/thumbnail.jp

    Lantern slide 'The bund of Kobe'

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    Slide frame marked, 'The bund of Kobe. By T. Takagi, Kobe'Japa

    Lantern slide 'Japanese junks in Kobe harbour'

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    Slide frame marked, 'Japanese junks in Kobe harbour' By T. Takagi, Kobe'Japa

    A Nonextensive Statistical Physics Analysis of the 1995 Kobe, Japan Earthquake

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    This paper presents an analysis of the distribution of earthquake magnitudes for the period 1990–1998 in a broad area surrounding the epicenter of the 1995 Kobe earthquake. The frequency–magnitude distribution analysis is performed in a nonextensive statistical physics context. The nonextensive parameter q M , which is related to the frequency-magnitude distribution, reflects the existence of long-range correlations and is used as an index of the physical state of the studied area. Examination of the possible variations of q M values is performed during the period 1990–1998. A significant increase of q M occurs some months before the strong earthquake on April 9, 1994 indicating the start of a preparation phase prior to the Kobe earthquake. It should be noted that this increase coincides with the occurrence of six seismic events. Each of these events had a magnitude M = 4.1. The evolution of seismicity along with the increase of q M indicate the system’s transition away from equilibrium and its preparation for energy release. It seems that the variations of q M values reflect rather well the physical evolution towards the 1995 Kobe earthquake
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