TY  - RPRT
        AU  - Kettlewell, Nathan
AU  - Rijsdijk, Fruhling
AU  - Siribaddana, Sisira
AU  - Sumathipala, Athula
AU  - Tymula, Agnieszka
AU  - Zavos, Helena
AU  - Glozier, Nicholas
        TI  - Civil War, Natural Disaster and Risk Preferences: Evidence from Sri Lankan Twins
        PY  - 2018/Oct/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 11901
        UR  - https://www.iza.org/index.php/publications/dp11901
        AB  - We estimate whether risk preferences are affected by traumatic events by using a unique survey of Sri Lankan twins which contains information on individual's exposure to the 2004 Indian Ocean Tsunami, participation as a combatant in the civil war, validated measures of mental health and risk preferences, and a rich set of control variables. Our estimation strategy utilises variation in experiences within twin pairs and allows us to explore whether preference changes are driven by wealth shocks and/or changes in mental health. We find that both events lead to less risk aversion, a result that is not driven by mental health or wealth changes.
        KW  - civil war
KW  - natural disaster
KW  - risk preferences
KW  - twin study
        ER  -