@article{ref1,
title="The proximity of disaster experiences and financial preparedness for emergencies in the US",
journal="Disaster medicine and public health preparedness",
year="2022",
author="Feng, Guanggang and Cong, Zhen",
volume="ePub",
number="ePub",
pages="ePub-ePub",
abstract="OBJECTIVE: This study investigated how the proximity of disaster experience was associated with financial preparedness for emergencies. <br><br>METHODS: The data used were from the 2018 National Household Survey, which was administered by the Federal Emergency Management Agency. The working sample included 4779 respondents. <br><br>RESULTS: Logistic Regression showed that the likelihood of setting aside emergency funds tended to be the highest between 2-5 years after experiencing a disaster, which declined slightly but persisted even after 16 years. Recent disaster experience within 1 year did not show a significant impact, indicating a period of substantial needs. However, the proximity of disaster experience did not significantly affect the amount of money set aside. <br><br>CONCLUSION: It is suspected that increased risk perception related to previous experiences of disasters is more relevant to the likelihood of preparing financially; whereas other capacity-related factors such as income and having a disability have more effect on the amount of money set aside.<p /> <p>Language: en</p>",
language="en",
issn="1935-7893",
doi="10.1017/dmp.2022.228",
url="http://dx.doi.org/10.1017/dmp.2022.228"
}