Jandoc, Karl Robert L.Mangugan, Marichelle Faye G.Sevilla, Brixter Q.2024-09-302024-09-302017-12-20https://selib.upd.edu.ph/etdir/handle/123456789/505Considering the geographic state of the Philippines, and its high poverty incidence, it becomes more exposed and vulnerable to disaster shocks. This high risk of being a victim of disaster caused by natural hazards results to a high probability of a reduction in the welfare of households. The study focuses on disaster shocks - earthquakes and volcanic eruption, and its effects on households. We also identify the relevance of risk reduction and coping strategies to welfare. Outcomes of both shocks show adverse effects to households. Insurance, house quality, and education affects expenditures positively which could suggest long-run outcomes to welfare. We end by emphasizing furtherance of ex-ante strategies through investment policies.enshocknatural disasterearthquakevolcanic eruptionhousehold welfaceThesis