Author: New York Metropolitan Transportation CouncilPublisher:
ISBN:
Category : September 11 Terrorist Attacks, 2001
Languages : en
Pages :
Book Description
Demographic and Socioeconomic Forecasting, Post September 11th Impacts
Author: New York Metropolitan Transportation CouncilPublisher:
ISBN:
Category : September 11 Terrorist Attacks, 2001
Languages : en
Pages :
Book Description
Macroeconomic Impacts of the 9/11 Attack
Author: Bryan W. RobertsPublisher: DIANE Publishing
ISBN: 1437930468
Category : Business & Economics
Languages : en
Pages : 16
Book Description
Evaluates the macroeconomic impacts of the 9/11 attack on U.S. real GDP growth and the unemployment rate by examining how forecasts of these variables were revised after the attack occurred. By this approach, the immediate impact of the 9/11 attack was to reduce real GDP growth in 2001 by 0.5%, and to increase the unemployment rate by 0.11% (reduce employment by 598,000 jobs). Forecasted real GDP growth in 2002 fell dramatically immediately after the 9/11 attack but then recovered fully. The forecasted unemployment rate in 2002 rose sharply immediately after the 9/11 attack, but unlike real GDP growth, it never subsequently returned to a pre-9/11 level. Illustrations. This is a print on demand edition of a hard to find publication.
The Macroeconomic Impacts of the 9/11 Attack
Author: Bryan W. RobertsPublisher:
ISBN:
Category : Economic indicators
Languages : en
Pages : 16
Book Description
Permanent WTC PATH Terminal
Author: The Economic Effects Of 9/11
Author: Congressional Research Service Library oPublisher:
ISBN: 9781410220653
Category : Business & Economics
Languages : en
Pages : 68
Book Description
The tragedy of September 11, 2001 was so sudden and devastating that it may be difficult at this point in time to write dispassionately and objectively about its effects on the U.S. economy. This retrospective review will attempt such an undertaking. The loss of lives and property on 9/11 was not large enough to have had a measurable effect on the productive capacity of the United States even though it had a very significant localized effect on New York City and, to a lesser degree, on the greater Washington, D.C. area. Thus, for 9/11 to affect the economy it would have had to have affected the price of an important input, such as energy, or had an adverse effect on aggregate demand via such mechanisms as consumer and business confidence, a financial panic or liquidity crisis, or an international run on the dollar. It was initially thought that aggregate demand was seriously affected, for while the existing data showed that GDP growth was low in the first half of 2001, data published in October showed that GDP had contracted during the 3rd quarter. This led to the claim that "The terrorist attacks pushed a weak economy over the edge into an outright recession." We now know, based on revised data, this is not so. At the time of 9/11 the economy was in its third consecutive quarter of contraction; positive growth resumed in the 4th quarter. This would suggest that any effects from 9/11 on demand were short lived. While this may be true, several events took place before, on, and shortly after 9/11, that made recovery either more rapid than it might have been or made it possible to take place. First, the Federal Reserve had eased credit during the first half of 2001 to stimulate aggregate demand. The economy responds to policy changes with a lag in time. Thus, the public response may have been felt in the 4th quarter giving the appearance that 9/11 had only a limited effect. Second, the Federal Reserve on and immediately after 9/11 took appropriate action to avert a financial panic and liquidity shortage. This was supplemented by support from foreign central banks to shore up the dollar in world markets and limited the contagion of 9/11 from spreading to other national economies. Nevertheless, U.S. trade with other countries, especially Canada, was disrupted. While oil prices spiked briefly, they quickly returned to their pre-9/11 levels. Thus, it can be argued, timely action contained the short run economic effects of 9/11 on the overall economy. Over the longer run 9/11 will adversely affect U.S. productivity growth because resources are being and will be used to ensure the security of production, distribution, finance, and communication.
Failure Consequences and Reliability Acceptance Criteria for Exceptional Building Structures
Author: Michael H. FaberPublisher: vdf Hochschulverlag AG
ISBN: 9783728129765
Category : Business & Economics
Languages : en
Pages : 146
Book Description
Fulton Street Transit Center, New York, New York, Section 4(f) Evaluation
Author: Preparing for the Psychological Consequences of Terrorism
Author: Institute of MedicinePublisher: National Academies Press
ISBN: 0309167922
Category : Political Science
Languages : en
Pages : 184
Book Description
The Oklahoma City bombing, intentional crashing of airliners on September 11, 2001, and anthrax attacks in the fall of 2001 have made Americans acutely aware of the impacts of terrorism. These events and continued threats of terrorism have raised questions about the impact on the psychological health of the nation and how well the public health infrastructure is able to meet the psychological needs that will likely result. Preparing for the Psychological Consequences of Terrorism highlights some of the critical issues in responding to the psychological needs that result from terrorism and provides possible options for intervention. The committee offers an example for a public health strategy that may serve as a base from which plans to prevent and respond to the psychological consequences of a variety of terrorism events can be formulated. The report includes recommendations for the training and education of service providers, ensuring appropriate guidelines for the protection of service providers, and developing public health surveillance for preevent, event, and postevent factors related to psychological consequences.
World Trade Center Economic Recovery
Author: Beth SiegelPublisher:
ISBN:
Category : Business enterprises
Languages : en
Pages : 184
Book Description
The Impact of 9/11 on Psychology and Education
Author: M. MorganPublisher: Springer
ISBN: 0230101593
Category : Political Science
Languages : en
Pages : 293
Book Description
The Impact of 9-11 on Psychology and Education is the fifth volume of the six-volume series The Day that Changed Everything? edited by Matthew J. Morgan. It features forewords by Robert Sternberg and Philip Zimbardo.