The Upside of Downside

You know, apparently even some of the most awful things have an upside, including terrorist attacks:

After controlling for the fixed-effect of each district and for district-specific time trends, we show that terror attacks reduce property crimes such as burglary, auto-theft, and thefts-from-cars. Terror also reduces assaults and aggravated assaults which occur in private homes… [Emphasis mine]

[via CEPR]

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