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Motivated by the investor sentiment literature and assuming that terrorist activity influences investor mood the paper explores whether terrorism exerts a significant negative impact on daily stock market returns for a sample of 22 countries. The employed empirical specifications are based on...
Persistent link: https://www.econbiz.de/10005071052
Security as an objectively existing quality which can be discussed in innumerable ways, but it may hardly be ignored and its significance (let alone its existence) may hardly be doubted. Security is a fundamental human need which is a subject of our efforts for its satisfaction and its chronic...
Persistent link: https://www.econbiz.de/10005071053
Persistent link: https://www.econbiz.de/10005071054
This paper focuses on two areas of security concern for the European Union: terrorism and international crime. I present a model of game-theoretic interaction between a European state and a domestic dissident group, who, on occasion, may resort to acts of terrorism. Here, identity is crucial to...
Persistent link: https://www.econbiz.de/10005071055
This report assesses the literature on the inter-relations between the economy and security with particular focus on terrorism and the "human drivers of insecurity" to identify both available knowledge and crucial research gaps. In addition, the report surveys the European research capacity in...
Persistent link: https://www.econbiz.de/10005071056
The rapid and accelerating development of security economics has generated great demand for more and better data to accommodate the empirical research agenda. The present paper serves as a guide to policy makers and researchers for security-related databases. The paper focuses on two main...
Persistent link: https://www.econbiz.de/10005071057
This paper maps notions of insecurity and security policy within the European Union (EU), with a particular emphasis on terrorism and organised crime. The analysis reveals manifold and sometimes diverse dynamics with regard to threat perceptions and policy preferences of European political...
Persistent link: https://www.econbiz.de/10005071058
This note defines and analyzes the most important issues concerning decisionmaking about human-induced insecurities such as terrorism and organized crime from the perspective of a policymaker. By means of modeling the policymakers trade-o_ between the e_ectiveness and costs of policy measures...
Persistent link: https://www.econbiz.de/10005071059
This paper provides a first study on use of professional peer reviews by the EU to strengthen the European fight against terrorism. The first part outlines two theoretical approaches to assessing the outcome effectiveness of such peer reviews, namely compliance and learning. Peer reviews can...
Persistent link: https://www.econbiz.de/10009220613
We address the pitfalls of averaging by exploiting the longitudinal variation in aid to identify sudden and sharp increases in aid flows. Focusing on specific events, we test if aid accelerations correspond to policies and shocks in the recipient country. For a large sample of 145 recipient...
Persistent link: https://www.econbiz.de/10009220614