THE IMPACT OF TERRORISM ON INDIVIDUAL WELL-BEING: EVIDENCE FROM THE BOSTON MARATHON BOMBING

THE IMPACT OF TERRORISM ON INDIVIDUAL WELL-BEING: EVIDENCE FROM THE BOSTON MARATHON BOMBING
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DOI:
10.1093/ej/ueaa053
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发表时间:
2020-10-01
期刊:
影响因子:
3.2
通讯作者:
Stancanelli, Elena
Stancanelli, Elena
中科院分区:
经济学2区
文献类型:
--
作者:
Clark, Andrew E.;Doyle, Orla;Stancanelli, Elena

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越来越多的文献得出结论认为,恐怖主义影响经济,但很少有人知道它对个人福利的影响。本文利用美国时间使用调查和幸福补充的代表性日常数据,估计了2013年波士顿马拉松爆炸案对幸福的影响。使用组合回归不连续性和差异中的差异设计,以2012年波士顿马拉松作为反事实,我们发现幸福感立即降低了三分之一的标准差。特别是,幸福感急剧下降,负面情绪显著上升。虽然影响不会持续超过一周,但可能会对健康和经济造成不利影响。
A growing literature has concluded that terrorism affects the economy, yet less is known about its impact on individual welfare. This article estimates the impact of the 2013 Boston marathon bombing on well-being, exploiting representative daily data from the American Time Use Survey and Well-Being Supplement. Using a combined regression discontinuity and differences-in-differences design, with the 2012 Boston marathon as a counterfactual, we find an immediate reduction in well-being of a third of a standard deviation. In particular, happiness declined sharply and negative emotions rose significantly. While the effects do not persist beyond one week, they may entail adverse health and economic consequences.