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nothing if it loses. We study a model of war with such an asymmetric payoff structure, and private information about military … win the war unless its expected military technology is considerably worse. Our model may thus explain why defending …
Persistent link: https://www.econbiz.de/10009754525
income. We explain this process of democratization as a rational way for incumbent elites to wage war effectively on other …
Persistent link: https://www.econbiz.de/10011452800
standalone effects. In this study, we focus on the case of the Iranian Revolution of 1979 and the subsequent Iran-Iraq war from … 1980 to 1988. We use the synthetic control method to study the effect of revolution and war on changes in income inequality … levels. Had there been no revolution and war in Iran, how would income inequality have developed? Utilizing the synthetic …
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The popularity of sustainable investments is unbroken and attracts investors and researchers alike. Modelling the properties of such 'green' firms, Pástor, Stambaugh, and Taylor 2021 consider a hedge against climate risks in their theoretical model. Likewise, it could be assumed that companies...
Persistent link: https://www.econbiz.de/10013255954
To date, there is limited understanding about the consequences of wartime dynamics for post-war state … armed groups govern territories and civilians within them-that under certain circumstances may be harnessed in the post-war … the type of statebuilding and political regime trajectories that emerge in the post-war period. …
Persistent link: https://www.econbiz.de/10013191466
international conflict. In this paper, we investigate whether this motive is sufficiently important for war to persist in … Immanuel Kant (1795, 1991) always exists. The reason is that in the absence of the threat of war, leaders are unable to divert … exist with a positive war frequency. Third, if multiple equilibria exist, the perpetual peace equilibrium may be unstable in …
Persistent link: https://www.econbiz.de/10009781696
Several high-profile news stories have linked post-September 11 (9/11) combat service to violent crime among veterans. Nevertheless, there is scant causal evidence for this claim. We exploit the administrative procedures by which U.S. Armed Forces senior commanders conditionally randomly assign...
Persistent link: https://www.econbiz.de/10012228212