The Impact of Terrorism on Well-being: Evidence from the Boston Marathon Bombing

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Show simple item record Clark, Andrew E. Doyle, Orla Stancanelli, Elena 2018-05-21T12:48:06Z 2018-05-21T12:48:06Z 2017-08-25
dc.description.abstract A growing literature concludes that terrorism impacts the economy, yet less is known about its impact on utility. This paper estimates the impact of the 2013 Boston Marathon Bombing on well-being, by exploiting representative U.S. daily data. Using both a regression discontinuity and an event study design, whereby the 2012 Boston marathon serves as a counterfactual, we find a sharp reduction in well-being, equivalent to a two percentage point rise in annual unemployment. The effect is stronger for women and those living in nearby States, but does not persist beyond one week, thus demonstrating the resilience of well-being to terrorism. en
dc.language.iso en en
dc.publisher University College Dublin. Geary Institute en
dc.relation.ispartofseries UCD Geary Institute Discussion Paper Series en
dc.relation.ispartofseries 2017/08 en
dc.relation.requires Economists Online Collection
dc.subject Well-being en
dc.subject Terrorism en
dc.subject Differences-in-Differences en
dc.subject Regression discontinuity design en
dc.subject.classification I31 en
dc.subject.classification J21 en
dc.subject.classification J22 en
dc.subject.classification F52 en
dc.title The Impact of Terrorism on Well-being: Evidence from the Boston Marathon Bombing en
dc.type Working Paper en
dc.status Not peer reviewed en
dc.neeo.contributor Clark|Andrew E.|aut|
dc.neeo.contributor Doyle|Orla|aut|
dc.neeo.contributor Stancanelli|Elena|aut| 2017-10-05

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