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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w9271 |
来源ID | Working Paper 9271 |
Federal Terrorism Risk Insurance | |
Jeffrey R. Brown; Randall S. Kroszner; Brian H. Jenn | |
发表日期 | 2002-10-10 |
出版年 | 2002 |
语种 | 英语 |
摘要 | The terrorist attacks of September 11, 2001 represented a loss for commercial property & casualty insurers that was both unprecedented and unanticipated. After sustaining this record capital loss, the availability of adequate private insurance coverage against future terrorist attacks came into question. Concern over the potential adverse consequences of the lack of availability of insurance against terrorist incidents led to calls for federal intervention in insurance markets. This paper discusses the economic rationale for and against federal intervention in the market, and concludes that the benefits from establishing a temporary transition program, during which the private sector can build capacity and adapt to a dramatically changed environment for terrorism risk, may provide benefits to the economy that exceed the direct and indirect costs. |
主题 | Financial Economics ; Financial Institutions ; Financial Markets |
URL | https://www.nber.org/papers/w9271 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/566884 |
推荐引用方式 GB/T 7714 | Jeffrey R. Brown,Randall S. Kroszner,Brian H. Jenn. Federal Terrorism Risk Insurance. 2002. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w9271.pdf(313KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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