Paloyo, Alfredo; Vance, Colin; Vorell, Matthias - In: Defence and Peace Economics 21 (2010) 5-6, pp. 567-579
We identify the causal effect of a reduction in military personnel on a number of socioeconomic indicators within the peripheries of military bases. The base realignments and closures in Germany are used as an exogenous source of variation that allows us to identify the effect of a demand shock...