The Impact of Terrorism on Social Capital: Evidence from the 2015 Charlie Hebdo Paris Shooting
37 Pages Posted: 30 Sep 2017 Last revised: 4 May 2018
Date Written: October 3, 2017
We examine the impact of terrorism on social capital by exploiting variation in the 2014 European Social Survey administration dates coupled with the 2015 Charlie Hebdo attack in Paris, France. Using the difference-in-differences estimator, we find that the attack had a positive, causal impact on the overall level of social capital among French respondents. Further, the effect seems to be driven by an increase in institutional and interpersonal trust, as well as by engagement in social networks. However, the effect rapidly decays in the weeks following the attack.
Keywords: Charlie Hebdo, Difference-in-Differences, Social Capital, Terrorism
JEL Classification: D74, F51, F52, Z13
Suggested Citation: Suggested Citation