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This survey provides an in-depth analysis of existing research on the economic analysis of terrorism and counter-terrorist measures. First the existing evidence on the causes of terrorism is analyzed, then we consider the evidence of the consequences of terrorism and we demonstrate why it is...
Persistent link: https://www.econbiz.de/10008611293
This survey provides an in-depth analysis of existing research on the economic analysis of terrorism and counter-terrorist measures. First the existing evidence on the causes of terrorism is analyzed, then we consider the evidence of the consequences of terrorism and we demonstrate why it is...
Persistent link: https://www.econbiz.de/10008611294
This survey provides an in-depth analysis of existing research on the economic analysis of terrorism and counter-terrorist measures. First the existing evidence on the causes of terrorism is analyzed, then we consider the evidence of the consequences of terrorism and we demonstrate why it is...
Persistent link: https://www.econbiz.de/10009024575
This survey provides an in-depth analysis of existing research on the economic analysis of terrorism and counter-terrorist measures. First the existing evidence on the causes of terrorism is analyzed, then we consider the evidence of the consequences of terrorism and we demonstrate why it is...
Persistent link: https://www.econbiz.de/10009024577
An expanding body of literature has addressed the question of the economic impact terrorist attacks have. A part of this literature has focused on the impact recent major terrorist hits had on financial markets. The question addressed by this paper is to what extent markets' reaction to major...
Persistent link: https://www.econbiz.de/10008694990
Terrorist incidents exert a negative, albeit generally 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...
Persistent link: https://www.econbiz.de/10010553342
This paper, investigates the effect war and terrorism, have on the covariance between oil prices and the indices of four major stock markets - the American S&P500 and the European DAX, CAC40 and FTSE100 - using nonlinear BEKK-GARCH type models. Findings reported herein indicate that the...
Persistent link: https://www.econbiz.de/10009399078
Persistent link: https://www.econbiz.de/10008519459
The emergence of transnational terrorism in Western countries has raised the debate about security measures, some of which could constrain civil liberties. This is the first paper that uses terrorist attacks (on 7th July, 2005 in London) as an exogenous source of variation to study the dynamics...
Persistent link: https://www.econbiz.de/10008519461
In this paper we study the response of vote shares to economic fluctuations and conflict. Spain seems to be the ideal niche for a case study like this since it has experienced both phenomena during the last decades. Recent Spanish democratic history has witnessed four complete economic cycles,...
Persistent link: https://www.econbiz.de/10008584366