Table 1.
Summary of all calibrated parameters
Parameter | Abbreviation | Value | Source | Unit/Format |
---|---|---|---|---|
Event dates | – | – | GFD (Table S2) | yyyy-mm-dd |
Affected people of each event | – | – | EM-DAT (Table S2) | people |
Household income | ih∗ | – | FIES | PHL Pesos/year |
Consumption at the subsistence line | csub | 15925 [11735; 18200] | FIES | PHL Pesos/year |
Recovery spending of people living under the subsistence line | Rsub | 3339 [1486; 4825] | FIES | PHL Pesos/year |
Precautionary savings | sh∗ | – | FIES | PHL Pesos |
Household vulnerability | νh | Derived from FIES building standards: robust = 0.14 ± 0.06 moderate = 0.4 ± 0.08 fragile = 0.7 ± 0.14 |
FIES and ref.20 | – |
Planning horizon | Tp | 15 [10; 20] | Extended from ref.20 | years |
Total runtime | Tsim | 162 | This paper | years |
Productivity of capital | π | 0.33 [0.2; 0.45] | Ref.20 | – |
Elasticity of the marginal utility | η | 1.5 | Ref.20 | – |
Future discount rate | σ | 0.06 | Ref.20 | 1/year |