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

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  • Andrew E Clark
  • Orla Doyle
  • Elena Stancanelli

Abstract

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.

Suggested Citation

  • Andrew E Clark & Orla Doyle & Elena Stancanelli, 2020. "The Impact of Terrorism on Individual Well-Being: Evidence from the Boston Marathon Bombing," The Economic Journal, Royal Economic Society, vol. 130(631), pages 2065-2104.
  • Handle: RePEc:oup:econjl:v:130:y:2020:i:631:p:2065-2104.
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    File URL: http://hdl.handle.net/10.1093/ej/ueaa053
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    Cited by:

    1. Brodeur, Abel & Clark, Andrew E. & Fleche, Sarah & Powdthavee, Nattavudh, 2021. "COVID-19, lockdowns and well-being: Evidence from Google Trends," Journal of Public Economics, Elsevier, vol. 193(C).
    2. Mirza, Daniel & Stancanelli, Elena & Verdier, Thierry, 2022. "Household expenditure in the wake of terrorism: Evidence from high frequency in-home-scanner data," Economics & Human Biology, Elsevier, vol. 46(C).
    3. Øystein Hernæs, 2021. "Going Through Hell: Increased Work Effort in the Aftermath of Terrorism in Norway," Scandinavian Journal of Economics, Wiley Blackwell, vol. 123(1), pages 216-237, January.
    4. Artuc,Erhan & Gomez Parra,Nicolas & Onder,Harun, 2022. "The True Cost of War," Policy Research Working Paper Series 10217, The World Bank.
    5. Krzysztof Krakowski & Juan S. Morales & Dani Sandu, 2020. "Violence Against Politicians, Negative Campaigning, and Public Opinion: Evidence from Poland," CHILD Working Papers Series 624 JEL Classification: D, Centre for Household, Income, Labour and Demographic Economics (CHILD) - CCA.
    6. Frijters, Paul & Johnston, David W. & Knott, Rachel & Torgler, Benno, 2021. "Resilience to Disaster: Evidence from Daily Wellbeing Data," IZA Discussion Papers 14220, Institute of Labor Economics (IZA).
    7. Stancanelli, Elena G. F., 2023. "British Voting Intentions and the Far Reach of 11 September Terrorist Attacks in New York," IZA Discussion Papers 16120, Institute of Labor Economics (IZA).
    8. David G. Blanchflower & Alex Bryson, 2024. "The female happiness paradox," Journal of Population Economics, Springer;European Society for Population Economics, vol. 37(1), pages 1-27, March.
    9. Guo, Shiqi & An, Jiafu, 2022. "Does terrorism make people pessimistic? Evidence from a natural experiment," Journal of Development Economics, Elsevier, vol. 155(C).
    10. Akay, Alpaslan & Bargain, Olivier & Elsayed, Ahmed, 2020. "Global terror, well-being and political attitudes," European Economic Review, Elsevier, vol. 123(C).
    11. Foliano, Francesca & Tonei, Valentina & Sevilla, Almudena, 2022. "Social Restrictions and Well-Being: Disentangling the Mechanisms," IZA Discussion Papers 15734, Institute of Labor Economics (IZA).
    12. David G. Blanchflower & Alex Bryson, 2024. "Seasonality and the female happiness paradox," Quality & Quantity: International Journal of Methodology, Springer, vol. 58(1), pages 1-33, February.
    13. Keita, Sekou & Schewe, Paul, 2021. "Out of sight, out of mind? Terror in the home country, family reunification options, and the well-being of refugees," World Development, Elsevier, vol. 146(C).
    14. Daniel Graeber & Felicitas Schikora, 2021. "Hate is too great a burden to bear: Hate crimes and the mental health of refugees," CEPA Discussion Papers 31, Center for Economic Policy Analysis.
    15. Morales, Juan S., 2021. "Legislating during war: Conflict and politics in Colombia," Journal of Public Economics, Elsevier, vol. 193(C).
    16. Cheng, Terence Chai & Kim, Seonghoon & Koh, Kanghyock, 2020. "The Impact of COVID-19 on Subjective Well-Being: Evidence from Singapore," IZA Discussion Papers 13702, Institute of Labor Economics (IZA).
    17. Krzysztof Krakowski & Juan S. Morales & Dani Sandu, 2020. "Violence Against Politicians, Negative Campaigning, and Public Opinion: Evidence from Poland," Carlo Alberto Notebooks 624 JEL Classification: D, Collegio Carlo Alberto.
    18. Nurlatifah Hartojo & Mohamad Ikhsan & Teguh Dartanto & Sudarno Sumarto, 2022. "A Growing Light in the Lagging Region in Indonesia: The Impact of Village Fund on Rural Economic Growth," Economies, MDPI, vol. 10(9), pages 1-19, September.
    19. Jacopo Bassetto & Teresa Freitas Monteiro, 2024. "Immigrants’ Returns Intentions and Job Search Behavior When the Home Country Is Unsafe," CESifo Working Paper Series 10908, CESifo.

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