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dc.contributor.authorChristelis, Dimitrisen
dc.contributor.authorGeorgarakos, Dimitrisen
dc.date.accessioned2009-08-06-
dc.date.accessioned2010-12-15T09:22:46Z-
dc.date.available2010-12-15T09:22:46Z-
dc.date.issued2009-
dc.identifier.piurn:nbn:de:hebis:30-62357en
dc.identifier.urihttp://hdl.handle.net/10419/43262-
dc.description.abstractWe investigate, using the 2002 US Health and Retirement Study, the factors influencing individuals' insecurity and expectations about terrorism, and study the effects these last have on households' portfolio choices and spending patterns. We find that females, the religiously devout, those equipped with a better memory, the less educated, and those living close to where the events of September 2001 took place worry a lot about their safety. In addition, fear of terrorism discourages households from investing in stocks, mostly through the high levels of insecurity felt by females. Insecurity due to terrorism also makes single men less likely to own a business. Finally, we find evidence of expenditure shifting away from recreational activities that can potentially leave one exposed to a terrorist attack and towards goods that might help one cope with the consequences of terrorism materially (increased use of car and spending on the house) or psychologically (spending on personal care products by females in couples).en
dc.language.isoengen
dc.publisher|aGoethe University Frankfurt, Center for Financial Studies (CFS) |cFrankfurt a. M.en
dc.relation.ispartofseries|aCFS Working Paper |x2008/56en
dc.subject.jelD12en
dc.subject.jelD14en
dc.subject.jelD74en
dc.subject.jelD84en
dc.subject.jelG11en
dc.subject.ddc330en
dc.subject.keywordTerrorismen
dc.subject.keywordExpectationsen
dc.subject.keywordHousehold Financeen
dc.subject.keywordDemand Analysisen
dc.subject.stwPrivater Haushalten
dc.subject.stwAnlageverhaltenen
dc.subject.stwKonsumentenverhaltenen
dc.subject.stwPolitische Gewalten
dc.subject.stwUSAen
dc.titleHousehold economic decisions under the shadow of terrorism-
dc.typeWorking Paperen
dc.identifier.ppn606210008en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:cfswop:200856en

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