Mohammad H. Sepahvand, Roujman Shahbazian, Ranjula Bali Swain
{"title":"Does revolution change risk attitudes? Evidence from Burkina Faso","authors":"Mohammad H. Sepahvand, Roujman Shahbazian, Ranjula Bali Swain","doi":"10.1002/jid.3934","DOIUrl":null,"url":null,"abstract":"<p>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.</p>","PeriodicalId":47986,"journal":{"name":"Journal of International Development","volume":null,"pages":null},"PeriodicalIF":1.7000,"publicationDate":"2024-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/jid.3934","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of International Development","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/jid.3934","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"DEVELOPMENT STUDIES","Score":null,"Total":0}
引用次数: 0
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.
期刊介绍:
The Journal aims to publish the best research on international development issues in a form that is accessible to practitioners and policy-makers as well as to an academic audience. The main focus is on the social sciences - economics, politics, international relations, sociology and anthropology, as well as development studies - but we also welcome articles that blend the natural and social sciences in addressing the challenges for development. The Journal does not represent any particular school, analytical technique or methodological approach, but aims to publish high quality contributions to ideas, frameworks, policy and practice, including in transitional countries and underdeveloped areas of the Global North as well as the Global South.