@TechReport{iza:izadps:dp9882, author={Clark, Andrew E. and Stancanelli, Elena G. F.}, title={Individual Well-Being and the Allocation of Time Before and After the Boston Marathon Terrorist Bombing}, year={2016}, month={Apr}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={9882}, url={https://www.iza.org/publications/dp9882}, abstract={There is a small literature on the economic costs of terrorism. We consider the effects of the Boston marathon bombing on Americans' well-being and time allocation. We exploit data from the American Time Use Survey and Well-Being Module in the days around the terrorist attack to implement a regression-discontinuity design. The bombing led to a significant and large drop of about 1.5 points in well-being, on a scale of one to six, for residents of the States close to Boston. The happiness of American women also dropped significantly, by almost a point, regardless of the State of residence. Labor supply and other time use were not significantly affected. We find no well-being effect of the Sandy Hook shootings, suggesting that terrorism is different in nature from other violent deaths.}, keywords={well-being;time use;Terrorism}, }