期刊論文

學年 95
學期 1
出版(發表)日期 2006-08-15
作品名稱 Terrorist Threats and Transitional Dynamics in an Overlapping Generations Model
作品名稱(其他語言)
著者 Shieh, Jhy‐yuan; Chen, Jhy‐hwa; Chang, Juin‐jen; Lai, Ching‐chong
單位 淡江大學經濟學系
出版者 Oxfordshire: Taylor & Francis
著錄名稱、卷期、頁數 Defence and Peace Economics 16(6), pp.415-425
摘要 This paper incorporates the nature of terrorist threats into the Yarri (1965)–Blanchard (1985) model and uses it to discuss the transitional dynamics of consumption in response to an anticipated terrorist attack. It is shown that if the terrorist attack is pre‐announced (and hence anticipated) and the public is fully informed, short‐term consumption may misadjust from its long‐term level. Before the terrorist attacks actually take place, households may be motivated to increase (rather than decrease) their consumption as a temporary response. This result may explain the temporary phenomenon of the increased consumption of certain types of goods in the period following September 11.
關鍵字 Security spending; Terrorist threats; Overlapping generations model; Transitional dynamics
語言 en
ISSN 1024-2694
期刊性質 國外
收錄於 SSCI
產學合作
通訊作者
審稿制度
國別 GBR
公開徵稿
出版型式 電子版
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