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This paper examines the economic consequences of terror attacks and the channels through which terrorism affects local … randomness in the success or failure of terror attacks to identify the economic impacts of terrorism. The findings suggest that …
Persistent link: https://www.econbiz.de/10011388324
, in order to mitigate concerns over selectivity of terrorism in particular areas. I empirically show that both terrorism … compare such political changes after successful attacks to those after failed attacks of the same type. I find that post-terrorism … acquisition as alternative explanations. This paper first empirically analyzes the driver of the rally effect of terrorism by …
Persistent link: https://www.econbiz.de/10013166156
's level of CT is systematically related to terrorism. We introduce a simple theoretical framework, suggesting that terrorism … countries from 1970-2014, we find evidence for these predictions: Terrorism peaks at intermediate ranges of CT and corresponding …
Persistent link: https://www.econbiz.de/10011825226
terrorism risk for "free." The traditional insurance mechanism alone cannot spread the risk of repeated catastrophic losses …. Beyond the Terrorism Risk Insurance Act of 2002 lingers the questions of a longterm solution and government's role therein … market solution for terrorism risk. Securitization is an alternative to reinsurance and can transfer risk to the global …
Persistent link: https://www.econbiz.de/10014058715
This essay inquires into the political economy and system of governance that have made catastrophes more frequent and severe. The system of governance that is designed to mitigate risk and respond to catastrophes can be ineffective, or worse, increase the risk of harm through unintended...
Persistent link: https://www.econbiz.de/10014058716
to estimate utility losses caused by terrorist activities in France, the UK and the Republic of Ireland. Terrorism in … terrorism and income requires improved measurement of the marginal utility of income …
Persistent link: https://www.econbiz.de/10013319367
This paper intends to provide an evaluation of where the economic research on happiness stands and in which interesting directions it might develop. First, the current state of the research on happiness in economics is briefly discussed. We emphasize the potential of happiness research in...
Persistent link: https://www.econbiz.de/10014070982
to estimate utility losses caused by terrorist activities in France, the UK and the Republic of Ireland. Terrorism in … terrorism and income requires improved measurement of the marginal utility of income …
Persistent link: https://www.econbiz.de/10014071402
representative sample values preventing terrorism deaths almost twice as highly as preventing natural disaster deaths and at about …, political preferences, and terrorism risk beliefs affect valuations in the expected manner …
Persistent link: https://www.econbiz.de/10014209897
Why are some regions more productive or successful than others? This book tries to answer this question by reviewing neoclassical economic theories and proposing a new framework to an “old economic problem; where to locate a firm in space” (Jovanovic 2009 p. xvii). Evolutionary economic...
Persistent link: https://www.econbiz.de/10014198211