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Begin New Search Political Geography Israel Publishing Institution Institute for Social and Economic Research and Policy at Columbia University

1. Societal Adjustments to the Threat of Terrorist Attacks

Author:
Seymour Spilerman and Guy Stecklov
Publication Date:
12-2008
Content Type:
Working Paper
Institution:
Institute for Social and Economic Research and Policy at Columbia University
Abstract:
Terrorist attacks in the United States and in Western Europe have been rare and the public awareness of the terrorist menace has largely been molded by a few horrific events. In contrast, other countries have experienced chronic terrorism, with attacks on busses, restaurants, coffee shops, and retail establishments. In this paper we assess the impact of terrorism on civilian society in the United States, Northern Ireland, and Israel. We examine the psychological effects, the adaptations made by individuals to enhance their safety, and the consequent adjustments made by institutional actors and by commercial establishments to ensure continued economic viability. We review the various theories of societal adjustments to exogenous shocks, and point out that a very different formulation is required for the case of chronic terrorism than for the societal experience of a one-time attack.
Topic:
Security, Political Violence, Islam, and Terrorism
Political Geography:
United States, Europe, Israel, and Ireland

2. Long-Term Effects of a Recession at Labor Market Entry in Japan and the United States

Author:
Yuji Genda, Ayako Kondo, and Souichi Ohta
Publication Date:
12-2007
Content Type:
Working Paper
Institution:
Institute for Social and Economic Research and Policy at Columbia University
Abstract:
We examine effects of entering the labor market during a recession on subsequent earnings and employment for Japanese and American men, using comparable household labor force surveys. Previous analyses focus on search theoretic and implicit-contract arguments, which have their strongest effects on more educated workers. We argue that, in a country like Japan which has a dual labor market, there is an additional mechanism that affects mainly less educated workers. Namely, these workers are more likely to be trapped in the secondary sector if they graduate during a recession. We find a persistent, strong negative effect on earnings for less educated Japanese men, in contrast to no long-term effect for less educated American men; also, a substantial part of the effect for less educated Japanese men is attributed to the decreased probability of regular employment. The effect for the more educated group is more or less similar in both countries.
Topic:
Economics, International Trade and Finance, and Markets
Political Geography:
United States, Japan, America, Israel, and Asia