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National Repository of Grey Literature 1 records found  Search took 0.00 seconds. 
Application the broken window fallacy on the terrorist attacks of 9/11/2001 in the United States of America
 Weiss, Daniel ; Johnson, Zdenka (advisor) ; Fabianková, Klára (referee)
This thesis deals with terrorist attacks of 9/11/2001 in the United States of America. The goal is to analyze the selected economic impacts of the terrorist attacks and apply broken window fallacy on this disaster. The method of the study is comparison and analysis of macroeconomic impacts. Research confirms quarterly decrease in GDP, increase in unemployment rate and larger deficit in federal budget. The correlation between these attacks and subprime mortgage crisis is proved in this study. Last but not least negative impacts on aviation industry, financial markets, which led to drop in gross private domestic investment, insurance industry and on the whole tourism in the USA, especially decline in arrival tourists are examined. According to negative impacts that terrorist attacks had on economy of the United States of America, my hypothesis confirms the existence of the broken window fallacy.
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