Search Results - subject:"Military expenditure"

The Political Economy of War Debts and Inflation

Grossman, Herschel I. - 2021

This paper argues that before World War II the desire to maintain a trustworthy reputation for honoring war debts was an important factor in inducing deflationary postwar monetary policies in both the United Kingdom and the United States. The paper then asks why this policy objective did not...

Persistent link: https://www.econbiz.de/10013221099

Between a Rock and a Hard Place : A New Perspective on the Resource Curse

Arezki, Rabah; Brueckner, Markus - 2021

Military expenditure shares significantly affect the relationship between the risk of civil conflict outbreak and … rents is limited to countries with low military expenditure shares. In countries with high military expenditure shares there … message is thus that a conflict resource curse is absent in countries with sufficiently large military expenditure shares …

Persistent link: https://www.econbiz.de/10013222431

The Economic Costs of the Iraq War : An Appraisal Three Years after the Beginning of the Conflict

Bilmes, Linda; Stiglitz, Joseph E. - 2021

This paper attempts to provide a more complete reckoning of the costs of the Iraq War, using standard economic and accounting/ budgetary frameworks. As of December 30, 2005, total spending for combat and support operations in Iraq is $251bn, and the CBO's estimates put the projected total direct...

Persistent link: https://www.econbiz.de/10013224204

The Asymmetric Relationship Between Military Expenditure, Economic Growth and Industrial Productivity : An Empirical Analysis of India, China and Pakistan Via the NARDL Approach

Syed, Aamir - 2021

impact of military expenditure has a sig- nificant positive and negative effect on economic growth in the long run for China …

Persistent link: https://www.econbiz.de/10013232775

Military Expenditure, Threats, and Growth

Aizenman, Joshua; Glick, Reuven - 2021

This paper clarifies one of the puzzling results of the economic growth literature: the impact of military expenditure … and the military. We start by empirical evaluation of the non-linear interactions between military expenditure, external … of the other independent variables, we show that military expenditure in the presence of threats increases growth. We …

Persistent link: https://www.econbiz.de/10013233439

How Elastic is the Government'S Demand for Weapons?

Lichtenberg, Frank R. - 2021

We attempt to make inferences about the elasticity of the government's demand for specific weapons by analyzing the statistical relationship between quantity and cost revisions across the population of major weapon systems, using data contained in the Pentagon's Selected Acquisition Reports. The...

Persistent link: https://www.econbiz.de/10013234349

What If Alexander Hamilton Had Been Argentinean? a Comparison of the Early Monetary Experiences of Argentina and the United States

Bordo, Michael D.; Vegh, Carlos A. - 2021

The contrast between the early nineteenth century Argentinean experience of high inflation and the American experience of low inflation is interpreted in terms of a dynamic monetary model of optimal taxation. It is argued that the two countries' experiences diverged because of the different...

Persistent link: https://www.econbiz.de/10013235603

Low-Ball Rural Defense

Romero, Maybell - 2021

Focus on the deleterious effects of the privatization of different functions in both the criminal adjudicative system and criminal legal system on the whole has increased on both the scholarship and policymaking fronts. Much of this attention lately has been directed to privatized police forces,...

Persistent link: https://www.econbiz.de/10013235764

A General Defense of Information Fiduciaries

Tuch, Andrew F. - 2021

Countless high-profile abuses of user data by leading technology companies have raised a basic question: should firms that traffic in user data be held legally responsible to their users as “information fiduciaries”? Privacy legislation to impose fiduciary-like duties of care,...

Persistent link: https://www.econbiz.de/10013236398

The Brand Defense

Hafiz, Hiba - 2021

Declining worker power—and increasing employer power—has suppressed wage growth and increased inequality. This decline is reinforced by contradictions in law that strengthen employers’ bargaining leverage over workers. This Article exposes those contradictions, tracing how employers have...

Persistent link: https://www.econbiz.de/10013236889