Does terrorism reduce life satisfaction? |
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| Authors: | Mohammad Reza Farzanegan Tim Krieger Daniel Meierrieks |
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| Institution: | 1. Philipps-Universit?t Marburg, CNMS, MACIE, Marburg, Germany;2. CESifo (Munich)farzanegan@uni-marburg.de;4. University of Freiburg, Freiburg, Germany;5. CESifo (Munich) |
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| Abstract: | We study the effect of terrorism on life satisfaction for a sample of 81 countries over the 1994–2009 period. We find that terrorism is robustly associated with less life satisfaction. This effect, however, translates into only modest social costs. |
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| Keywords: | Terrorism life satisfaction cost-benefit analysis |
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