Does revolution change risk attitudes? : Evidence from Burkina Faso

• 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.

Ämnesord

SAMHÄLLSVETENSKAP  -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)

SOCIAL SCIENCES  -- Economics and Business -- Economics (hsv//eng)

SAMHÄLLSVETENSKAP  -- Sociologi -- Sociologi (hsv//swe)

SOCIAL SCIENCES  -- Sociology -- Sociology (hsv//eng)

Nyckelord

Burkina Faso

exogenous shock

revolution

risk attitudes

gender-differences

time-preferences

social media

aversion

determinants

specificity

psychology

economics

behavior

impact

Politik, ekonomi och samhällets organisering

Politics, Economy and the Organization of Society

Economics

Economics

Sociologi

Publikations- och innehållstyp

ref (ämneskategori)

art (ämneskategori)