Direct and Indirect Effects of Weather Experiences on Life Satisfaction – Which Role for Climate Change Expectations?

32 Pages Posted: 6 Aug 2014

See all articles by Daniel Osberghaus

Daniel Osberghaus

ZEW – Leibniz Centre for European Economic Research

Jan Kühling

University of Oldenburg; ZenTra - Center for Transnational Studies

Date Written: July 1, 2014

Abstract

This paper deals with the effect of (i) damage experience from extreme weather events and (ii) expectations concerning future climate change on subjective well-being (SWB). We use data of a large representative survey amongst German households. The effect of experienced weather events on SWB of the heads of the households is only significant for heat waves; not for storms, heavy rain, and floods. Concern about future climate change on the household level has a substantial negative impact on current SWB. Moreover, we divide the impact of experience into direct effects of damage and indirect effects, which affect current SWB via the channel of expectations regarding future climate change. Both direct and indirect effects of weather experiences are quantified. It becomes apparent that the indirect effect is significant but small compared to the direct effect.

Keywords: climate change; subjective well-being; extreme weather events; household survey

JEL Classification: Q54, Q51, D03

Suggested Citation

Osberghaus, Daniel and Kühling, Jan, Direct and Indirect Effects of Weather Experiences on Life Satisfaction – Which Role for Climate Change Expectations? (July 1, 2014). ZEW - Centre for European Economic Research Discussion Paper No. 14-042, Available at SSRN: https://ssrn.com/abstract=2475932 or http://dx.doi.org/10.2139/ssrn.2475932

Daniel Osberghaus (Contact Author)

ZEW – Leibniz Centre for European Economic Research ( email )

P.O. Box 10 34 43
L 7,1
D-68034 Mannheim, 68034
Germany
+49-621-1235205 (Phone)

Jan Kühling

University of Oldenburg

Ammerländer Heerstraße 114-118
Oldenburg, D-26111
Germany

ZenTra - Center for Transnational Studies ( email )

Ammerländer Heerstraße 138
Oldenburg, 26131
Germany

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