international financial decision-making, also as it relates to the legitimacy of the international system in the eyes of the public …

the preservation of the central bank’s legitimacy requires that a clear line be drawn between the central bank’s provision …

states and growing divergence between European powers. In our model, the impact of war on the European state system depends … on: i) the importance of money for determining the war outcome (which stands for the cost of war), and ii) a country …'s initial level of domestic political fragmentation. We emphasize the role of the 'Military Revolution', which raised the cost …

Contestants have to choose whether to initiate a contest or war, or whether to remain peaceful for another period. We …

multilateral trade openness increases more the probability of war between proximate countries. This may explain why military …This paper analyses theoretically and empirically the relationship between trade and war. We show that the intuition … that trade promotes peace is only partially true even in a model where trade is beneficial to all, war reduces trade and …