Abstract
How effective is counter-terrorism and what are the underlying mechanisms? Relying on a unique experiment and detailed micro data from Israel, we show that the deployment of the Iron Dome anti-rocket system mitigated the negative effect of rocket attacks on house prices and lowered the price premium associated with in-house shelters. Analysis of surveys and data on purchases of anti-anxiety drugs yields evidence consistent with a psychological mechanism: by reducing the negative effects on daily routine, subjective well-being, and psychological distress, Iron Dome lowered the disamenity associated with living under the shadow of the rocket threat.
| Original language | English |
|---|---|
| Pages (from-to) | 308-337 |
| Number of pages | 30 |
| Journal | Journal of Policy Analysis and Management |
| Volume | 38 |
| Issue number | 2 |
| DOIs | |
| State | Published - 1 Mar 2019 |
Bibliographical note
Publisher Copyright:© 2019 by the Association for Public Policy Analysis and Management
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 11 Sustainable Cities and Communities -
SDG 16 Peace, Justice and Strong Institutions
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