Estimating the Macroeconomic Consequence of 9/11
نویسندگان
چکیده
منابع مشابه
Estimating the Macroeconomic Consequence of 9/11
We perform an empirical investigation to estimate the macroeconomic cost of September 11 attacks on the United States economy. We estimate the impact of the attacks to be approximately a 0.50 percentage point decrease in GDP growth or $60 billion. Our upper bound estimate of the impact of September 11 is approximately twice that or $125 billion.
متن کاملEstimating Term Structure Equations Using Macroeconomic Variables
This paper begins with the expectations theory of the term structure of interest rates with constant term premia and then postulates how expectations of future short term interest rates are formed. Expectations depend in part on predictions from a set of VAR equations and in part on the current and two lagged values of the short term interest rate. The results suggest that there is relevant ind...
متن کاملconsequence analysis of the leakage, ignition and explosion during high pressure sour gas injection process to the oil reservoir
there is no doubt that human being needs to become integrated with industry and industry needs to be progressed, daily. on the other hand, serious events in industrial units specially in oil industries has been shown that such damages and events are industry related ones. the consequence of such events and damages which resulted in chemical and poisoned explosions and loss of life and property ...
Estimating Dynamic Macroeconomic Models: How Informative Are The Data?
Central banks have used complicated time series models — in particular, dynamic stochastic general equilibrium (DSGE) models — for some time to inform key policy decisions such as the setting of interest rates, but insufficient attention has sometimes been given to important estimation issues. For researchers estimating such models using Bayesian techniques, this paper offers an empirical strat...
متن کاملTRIPS - 911 System Demonstration
dynamically allocate resources to and make plans for solving problems as they arise in the world. The setting, Monroe County, NY, is considerably more complex than our previous domains (e.g. Pacifica, TRAINS), and raises new issues in knowledge representation and reference. Emergencies include requests for medical assistance, car accidents, civil disorder, and larger problems such as flooding a...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Peace Economics, Peace Science and Public Policy
سال: 2009
ISSN: 1554-8597
DOI: 10.2202/1554-8597.1167