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ID140829
Title ProperNote on the effect of terrorism on economic sentiment
LanguageENG
AuthorDrakos, Konstantinos ;  Kallandranis, Christos
Summary / Abstract (Note)This study documents that unforeseen events like terrorist attacks can be linked to the formation of Economic Sentiment after controlling for sentiment’s economic drivers. By utilizing dynamic panel techniques, the Economic Sentiment Indicator, as well as one of its constituents Consumer Sentiment, for a pan-European panel of 27 countries appear to be negatively influenced by terrorism activity. Moreover, these negative effects are significant only in the post-9/11 era.
`In' analytical NoteDefence and Peace Economics Vol. 26, No.6; Dec 2015: p.600-608
Journal SourceDefence and Peace Economics Vol: 26 No 6
Key WordsTerrorist Activity ;  Dynamic Panel ;  Economic Sentiment


 
 
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