Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/171159 
Year of Publication: 
2017
Series/Report no.: 
ifo Working Paper No. 237
Publisher: 
ifo Institute - Leibniz Institute for Economic Research at the University of Munich, 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.
Subjects: 
Egypt
education
health
household savings
political uncertainty
JEL: 
D14
D74
I10
I22
Document Type: 
Working Paper

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