@article {LU2023101899,
	title = {Natural disasters and high-stakes exam performance: Evidence from the 2008 Wenchuan earthquake},
	journal = {China Economic Review},
	volume = {77},
	year = {2023},
	pages = {101899},
	abstract = {In this study, the 2008 earthquake in Wenchuan, China serves as a natural experiment for examining the effect of natural disasters on high-stakes exam performance among students who were admitted to four-year colleges between 2005 and 2011. Results of a generalized difference-in-differences model show that, on average, the earthquake reduced a student\&$\#$039;s National College Entrance Examination (NCEE) standard score by 55\% of a standard deviation. The findings have implications for higher education and China\&$\#$039;s economy, because earthquake exposure lowers a student\&$\#$039;s probability of being accepted to an elite college, pursuing a major in a high-salary field, and moving to a highly developed urban area for education or employment.},
	keywords = {Academic achievement, Earthquakes, High-stakes exams, Natural disasters},
	issn = {1043-951X},
	doi = {https://doi.org/10.1016/j.chieco.2022.101899},
	url = {https://www.sciencedirect.com/science/article/pii/S1043951X22001572},
	author = {Wei Lu and Yang, Po and Shilin Zheng and Sen Zhou}
}
