88,058 research outputs found
"Consumption Insurance and Risk-Coping Strategies under Non-Separable Utility: Evidence from the Kobe Earthquake"
No full textUsing 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 textUsing 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.
A Nonextensive Statistical Physics Analysis of the 1995 Kobe, Japan Earthquake
No full textThis 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
Appendix F. Additional tables
No full textThis is the Appendix F of the article entitled "KOBE-1: The first planetary system from the KOBE survey. Two planets likely in the sub-Neptune mass regime around a late K-dwarf" (Balsalobre-Ruza, et al., 2025, A&A). Figures from F.3 to F.8 are only available here.Peer reviewe
Are People Insured Against Natural Disasters? Evidence from the Great Hanshin-Awaji (Kobe) Earthquake in 1995
No full textWe investigate whether people were insured against unexpected losses caused by the Great Hanshin-Awaji (Kobe) earthquake in 1995. The unique household data employed led to several empirical findings under a natural-experimental situation. The complete consumption insurance hypothesis is rejected overwhelmingly, suggesting the ineffectiveness of the formal and/or informal insurance mechanisms against the earthquake. We also investigate possible factors that inhibit full risk-sharing. Transfers may be particularly ineffective as insurance against losses for co-resident households. Households borrow extensively against housing damages, whereas dissavings are utilized for smaller asset damages, implying a hierarchy of risk-coping measures, from dissaving to borrowing.
"Are People Insured Against Natural Disasters? Evidence from the Great Hanshin-Awaji (Kobe) Earthquake in 1995"
No full textWe investigate whether people were insured against unexpected losses caused by the Great Hanshin-Awaji (Kobe) earthquake in 1995. The unique household data employed led to several empirical findings under a natural-experimental situation. The complete consumption insurance hypothesis is rejected overwhelmingly, suggesting the ineffectiveness of the formal and/or informal insurance mechanisms against the earthquake. We also investigate possible factors that inhibit full risk-sharing. Transfers may be particularly ineffective as insurance against losses for co-resident households. Households borrow extensively against housing damages, whereas dissavings are utilized for smaller asset damages, implying a hierarchy of risk-coping measures, from dissaving to borrowing.
Dubrovin's duality for <i>F</i>-manifolds with eventual identities
No full textA vector field <i>E</i> on an <i>F</i>-manifold (M, o, e) is an eventual identity if it is invertible and the multiplication X*Y := X o Y o E^{-1} defines a new F-manifold structure on <i>M</i>. We give a characterization of such eventual identities, this being a problem raised by Manin. We develop a duality between <i>F</i>-manifolds with eventual identities and we show that is compatible with the local irreducible decomposition of <i>F</i>-manifolds and preserves the class of Riemannian <i>F</i>-manifolds. We find necessary and sufficient conditions on the eventual identity which insure that harmonic Higgs bundles and DChk-structures are preserved by our duality. We use eventual identities to construct compatible pair of metrics
Kobe YMCA banner (1925)
No full textA banner from the Kobe YMCA in Japan, c. 1925. Notice the red triangle, symbol of the YMCA. Created by Dr. Luther Gulick, the first director of Springfield College's physical training department, the red triangle stands for “good health,” “well trained and well equipped minds,” and “Christian service, devotion, ideals, faith, [and] optimism.
YE-1 disks in KHI, Kobe, Japan
No full textYE-1 assembly in KHI, Kobe and YE-2 and YE-3 crated ready to be sent
Synthesis, characterization and biological activity of novel multifunctional platinum(II) complexes with 1,10-phenanthrolines and the antiviral agents acyclovir and penciclovir
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