PT - JOURNAL ARTICLE AU - Adi Shany TI - Too Scared for School? Effects of Terrorism on Students’ Achievement AID - 10.3368/jhr.0721-11759R1 DP - 2023 May 08 TA - Journal of Human Resources PG - 0721-11759R1 4099 - http://jhr.uwpress.org/content/early/2023/05/01/jhr.0721-11759R1.short 4100 - http://jhr.uwpress.org/content/early/2023/05/01/jhr.0721-11759R1.full AB - This study analyzes the impact of terror attacks on students’ academic achievement in Israel between 2001 and 2005, during the Second Intifada. Using within-student variation in exposure to terror attacks before exams, I find that a fatal terror attack before an exam adversely affects performance. The adverse effect, however, disappears for exams held five days or more after the attack. I explore potential explanations for these results, suggesting psychological impacts best explain the short-lived effect. Moreover, the temporary decrease in test scores does not affect the quality of diploma earned, suggesting no long-term effect on human capital accumulation.