empirical analysis of firm behavior that compares corporate demand for property and catastrophe insurance (here, terrorism). We … combine demand and supply data and apply a simultaneous-equation approach to address the problem of endogenous premium … decisions. The main finding is that demand for property and catastrophe insurance are not very different and that the demand for …

We study the panel DOLS estimator of a homogeneous cointegration vector for a balanced panel of N individuals observed … demand function from a panel of 19 countries with annual observations that span from 1957 to 1996. The estimated income … approximation to the exact finite sample distribution. We use panel dynamic OLS to estimate coefficients of the long-run money …

inferred using only cross-sectional data. Panel or longitudinal data where the same units are observed repeatedly at different … units who respond in initial waves of the panel may drop out in subsequent waves, so that the subsample with complete data … for all waves of the panel can be less representative of the population than the original sample. Sometimes, in the hope …

political terrorism in the 1970's. The subsequent economic evolution of this 'counterfactual' Basque Country without terrorism … is compared to the actual experience of the Basque Country. We find that, after the outbreak of terrorism, per capita GDP …

cannot rule out that it constitutes efficient policing given important differences between deterrence of terrorism versus …

terrorism on economics and psychology is difficult because institutions also change in response to terrorist attacks. This paper … exposed to the attacks. I find that terrorism leads to declines in trust, subjective well-being, and the importance of … creativity and freedom. However, at the macro-level, terrorism leads to increases in economic output and household income. These …

We analyze the link between economic conditions and the quality of suicide terrorism. While the existing empirical …

The literature on conflict and terrorism has paid little attention to the economic costs of terrorism for the …