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Given the growing importance of terrorism in today's world, it is essential to understand its impact on the global … various financial indices to assess the impact of the amount of fatal and non-fatal terrorism-related daily casualties and the … suffer from terrorism (-25 percent cumulated loss for TA100). Industries dependent on domestic demand tend to react stronger …
Persistent link: https://www.econbiz.de/10013132262
Although the physical and emotional costs of terrorism are widely known, the financial price of terror attacks is still … stock market to those unforeseen events. We robustly find that the impact of terrorism varies across sectors. The Berlin …
Persistent link: https://www.econbiz.de/10012806056
Terrorist incidents exert a negative, albeit usually short-lived, impact on markets and equity returns. Given the integration of global financial markets, mega-terrorist events also have a high contagion potential with their shock waves being transmitted across countries and markets. This paper...
Persistent link: https://www.econbiz.de/10010243563
natural disaster and terrorism effects. This study is unique and special in its nature as this is the first kind of study on … natural disasters and terrorism effects on stock market of Pakistan. This paper is based on event study, taking the data of …
Persistent link: https://www.econbiz.de/10013076069
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of terrorism, as well as internal and external conflict is equivalent to as much as a 30 percent tariff on trade. This is …
Persistent link: https://www.econbiz.de/10011449640
We study the influence of income inequality on terrorism. Using cross-national data for 79 countries for the 2002 … of terrorism. Once endogeneity is properly accounted for by means of an instrumental-variable approach, higher levels of … terrorism is consistent with relative deprivation theory which argues that conflict results from frustration over the actual …
Persistent link: https://www.econbiz.de/10011281636
We perform an empirical investigation of the macroeconomic consequences of international terrorism and interactions … panel growth regression analysis and a structural VAR model. We find that, on average, the incidence of terrorism may have … that associated with either external wars or internal conflict. As well, terrorism is associated with a redirection of …
Persistent link: https://www.econbiz.de/10011402576