We study the causal effect of recent landmark events of the Colombian armed conflict on the foreign perception of sovereign risk, as measured by the price of the Credit Default Swap (CDS) of Colombian bonds. We construct a Synthetic Control Group to use as the non-conflict counterfactual of the...

This article empirically explores the relationship between military expenditure, external debts and economic performance in the economies of sub-Saharan Africa using a sample of 25 countries from 1988--2007. In investigating the defence--external debt nexus, we employ three advanced panel...

The contest-theoretic literature on the attack and defense of networks of targets focuses primarily on pure-strategy Nash equilibria. Hausken's 2008 European Journal of Operational Research article typifies this approach, and many of the models in this literature either build upon this model or...

This paper examines the relationship between defence spending and income inequality in Turkey for the period of 1963--2007. Using the Theil Index of pay inequality as a proxy of overall income distribution, this study overcomes the problem of lack of time series data. Utilizing basic...

When military alliances are expensive, they naturally raise distributional issues. This article considers two theories to explain how much a state will voluntarily contribute to the economic burdens of defense. Empirical work has relied largely on data from the twentieth century. This article...

This paper examines how the opportunity costs of the leader of a national protest movement and the intrinsic hawkishness or pacifism of the occupier affect the nature of the movement against occupation. The characteristics of the population residing in the occupied region, the nature of...

Focusing on the Colombian armed conflict, this paper develops for the first time a within-country analysis of violence duration. It examines a wide range of factors potentially associated with violence duration at the municipal level for the period 1988--2004, including geographic factors,...

We analyze how the determinants of the civil conflict in Colombia at the municipal level respond to changes in the empirical strategy. We estimate several econometric models that vary in three dimensions: 1) the data set, 2) the measure of conflict, and 3) the estimation method. We find...