Besley, Tim; Mueller, Hannes - Institute for Fiscal Studies (IFS) - 2009
<p>This paper exploits data on the pattern of violence across regions and over time to estimate the impact of the peace … where conflict and peace are treated as a latent state. From this, we are able to construct a measure of the discounted … killings across space and time which we use to generate estimates of the peace dividend. The economic model suggests a somewhat …