Does revolution change risk attitudes? Evidence from Burkina Faso
(2024) In Journal of International Development p.1-15- Abstract
- A popular uprising in 2014, led to a revolution that overthrew the sitting President of Burkina Faso. We investigate if individuals' risk attitudes changed due to this revolution. We examine this impact by the main determinants of risk attitudes: gender, age and level of education. The analysis is based on unique panel survey data, allowing us to track the changes in the risk attitudes of the same individuals before, during and after the revolution. Our results suggest that individuals become risk averse during the revolution but return back to their pre-revolution risk attitudes, with a slight increase in their risk attitudes, after the revolution is over.
- Abstract (Swedish)
- A popular uprising in 2014, led to a revolution that overthrew the sitting President of Burkina Faso. We investigate if individuals' risk attitudes changed due to this revolution. We examine this impact by the main determinants of risk attitudes: gender, age and level of education. The analysis is based on unique panel survey data, allowing us to track the changes in the risk attitudes of the same individuals before, during and after the revolution. Our results suggest that individuals become risk averse during the revolution but return back to their pre-revolution risk attitudes, with a slight increase in their risk attitudes, after the revolution is over.
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/9448f59d-3978-466b-8996-970cd980f94e
- author
- Sepahvand, Mohammad LU ; Shahbazian, Roujman and Bali Swain, Ranjula
- organization
- publishing date
- 2024-09-05
- type
- Contribution to journal
- publication status
- epub
- subject
- keywords
- Burkina Faso, Exogenous shocks, Revolution, Risk attitudes
- in
- Journal of International Development
- pages
- 15 pages
- publisher
- John Wiley & Sons Inc.
- external identifiers
-
- scopus:85203047876
- ISSN
- 1099-1328
- DOI
- 10.1002/jid.3934
- language
- English
- LU publication?
- yes
- id
- 9448f59d-3978-466b-8996-970cd980f94e
- date added to LUP
- 2024-09-23 11:58:57
- date last changed
- 2024-09-24 04:00:44
@article{9448f59d-3978-466b-8996-970cd980f94e, abstract = {{A popular uprising in 2014, led to a revolution that overthrew the sitting President of Burkina Faso. We investigate if individuals' risk attitudes changed due to this revolution. We examine this impact by the main determinants of risk attitudes: gender, age and level of education. The analysis is based on unique panel survey data, allowing us to track the changes in the risk attitudes of the same individuals before, during and after the revolution. Our results suggest that individuals become risk averse during the revolution but return back to their pre-revolution risk attitudes, with a slight increase in their risk attitudes, after the revolution is over.}}, author = {{Sepahvand, Mohammad and Shahbazian, Roujman and Bali Swain, Ranjula}}, issn = {{1099-1328}}, keywords = {{Burkina Faso; Exogenous shocks; Revolution; Risk attitudes}}, language = {{eng}}, month = {{09}}, pages = {{1--15}}, publisher = {{John Wiley & Sons Inc.}}, series = {{Journal of International Development}}, title = {{Does revolution change risk attitudes? Evidence from Burkina Faso}}, url = {{http://dx.doi.org/10.1002/jid.3934}}, doi = {{10.1002/jid.3934}}, year = {{2024}}, }