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Counting the Cost of the Intifada: Consumption, Saving and Political Instability in Israel

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Author Info
Fielding, David

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Abstract

In this paper we investigate some of the ways in which short-term variations in the magnitude of political instability can impact on macroeconomic performance, taking the example of Israel since 1987. Several indicators of political instability are found to have a significant impact on aggregate consumption and savings, and explain a large part of poor Israeli savings performance over recent years. Copyright 2003 by Kluwer Academic Publishers

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Publisher Info
Article provided by Springer in its journal Public Choice.

Volume (Year): 116 (2003)
Issue (Month): 3-4 (September)
Pages: 297-312
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Handle: RePEc:kap:pubcho:v:116:y:2003:i:3-4:p:297-312

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  1. Bruno Frey & Simon Luechinger & Alois Stutzer, 2004. "Valuing Public Goods: The Life Satisfation Approach," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
    Other versions:
  2. Martin Gassebner & Richard Jong-A-Pin & Jochen O. Mierau, 2007. "Terrorism and Cabinet Duration: An Empirical Analysis," Working papers 07-181, KOF Swiss Economic Institute, ETH Zurich. [Downloadable!]
  3. Berrebi, Claude & Klor, Esteban F, 2005. "The Impact of Terrorism Across Industries: An Empirical Study," CEPR Discussion Papers 5360, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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