"This paper measures the effects of the risks associated with the war in Iraq on various U.S. financial variables using a heteroskedasticity-based estimation technique. The results indicate that increases in what we call the "war risk" factor caused declines in Treasury yields and equity prices,...

In this study, it is discussed whether this crisis is the hegemony war of USA or not, by moving from the idea that the crisis experienced recently can be considered as a great depression. In this discussion, the theoretical structure of the great depression and the historical dimension of the...