Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/17884 
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dc.contributor.authorStrauß, Huberten
dc.date.accessioned2009-01-28T15:00:07Z-
dc.date.available2009-01-28T15:00:07Z-
dc.date.issued2001-
dc.identifier.urihttp://hdl.handle.net/10419/17884-
dc.description.abstractThe terrorist attacks of September 11 have challenged the view that the U.S. economy is on the brink of recovery. This article discusses the effects of the attacks on real GDP taking the Kiel Institute's forecast of September 10 as the baseline scenario. The focus is on assessing the direct production losses in the week of September 10?16. Anecdotal evidence is combined with economic reasoning (on the non storability of services, the role of air transports and on the complementarity between services). As to the indirect effects, I assume that the downturn in sentiment will be severe but short-lived. Under the technical assumption of a stabilizing political situation economic activity in 2002 will recover more vigorously than previously thought due to postponed purchases and a more expansionary stance of economic policies.en
dc.language.isoengen
dc.publisher|aKiel Institute of World Economics (IfW) |cKielen
dc.relation.ispartofseries|aKiel Working Paper |x1077en
dc.subject.jelL93en
dc.subject.jelL80en
dc.subject.jelE37en
dc.subject.jelE32en
dc.subject.ddc330en
dc.subject.keywordBusiness Cycleen
dc.subject.keywordU.S. economyen
dc.subject.keywordterrorist attacksen
dc.subject.keywordair transportationen
dc.subject.keywordservicesen
dc.subject.stwPolitische Gewalten
dc.subject.stwMakrooekonomischer Einflussen
dc.subject.stwKonjunkturprognoseen
dc.subject.stwVereinigte Staatenen
dc.titleAssessing the Effects of the Terrorist Attacks on the U.S. Economy-
dc.typeWorking Paperen
dc.identifier.ppn752147277en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:ifwkwp:1077en
dc.identifier.printppn335980708en

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