Larocque, Denis; Lincourt, Geneviève; Normandin, Michel - Centre Interuniversitaire sur le Risque, les Politiques … - 2008
This paper estimates a structural vector autoregression model to assess the dynamic effects of terrorism on output and prices in Israel over the post-1985 period. Long-run restrictions are used to obtain an interpretation of the effects of terrorism in terms of aggregate demand and supply...