Large temporary shocks may have long-term consequences: civil war violence occurred between 1993 and 2003 has a clear impact on individual behavior in 2009. These are the findings of a study carried out by FEB professor Robert Lensink and researchers of other universities, who investigated the impact of conflict on social, risks and time preferences in 35 communities in Burundi.
Their paper entitled
Violent conflict and behavior: A field experiment in Burundi
is soon to be published in American Economic Review, and is the new FEB Publication of the Month.
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