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Autor:innen: 
Erscheinungsjahr: 
2003
Schriftenreihe/Nr.: 
Working Paper No. 2003-16
Verlag: 
Brown University, Department of Economics, Providence, RI
Zusammenfassung: 
This paper assesses the impact of the September 11th terrorist attacks and its after-effects on U.S. airline demand. Using monthly time-series data from 1986-2003, we find that September 11th resulted in both a negative transitory shock of over 30% and an ongoing negative demand shock amounting to roughly 7.4% of pre-September 11th demand. This ongoing demand shock has yet to dissipate (as of November 2003) and cannot be explained by economic, seasonal, or other factors.
Schlagwörter: 
Airlines
Structural Change
Attenuating Shock
September 11
JEL: 
R41
L16
L93
Dokumentart: 
Working Paper

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