Household behaviour in times of political change: Evidence from Egypt

Yvonne Giesing and Almedina Music

No 237, ifo Working Paper Series from ifo Institute - Leibniz Institute for Economic Research at the University of Munich

Abstract: Using representative household survey data, we study the short-term microeconomic effects of the Egyptian revolution on household behaviour in terms of education, health expenditure and savings. We construct a new measure of political instability by analysing the number of fatalities during political protests throughout the country. Difference-in-Differences estimations show that affected households increased spending on education, especially on their sons' higher education. This can be explained by a positive outlook towards the future, with better labour market prospects. At the same time, households decreased spending on health and increased savings, which can be interpreted as precautionary behaviour.

JEL-codes: D14 D74 I10 I22 (search for similar items in EconPapers)
Date: 2017
New Economics Papers: this item is included in nep-ara and nep-dev
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Related works:
Journal Article: Household behaviour in times of political change: Evidence from Egypt (2019)
Working Paper: Household behaviour in times of political change: Evidence from Egypt (2019)
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