A simple framework for the estimation of climate exposure

摘要: This article introduces a new methodology to estimate climate exposure at the household�s level with standardized precipitation evapotranspiration index (SPEI) as its building block. As probability distribution of SPEI is known, one can easily recover marginal expected consumption. Furthermore, approach simple enough accommodate quantile regressions and hence offer opportunity broaden scope analysis different categories population. I illustrate case study on Ethiopia. find notably that while poor households in most remote villages are almost resilient 10-year return period drought living vicinity town (up 20 km), contrary true for richer households: ones parts Ethiopia much more risk than their suburban counterparts.