We provide, for the first time, comparative evidence of the impact of various types of extremeevents – natural disasters, terrorism, and violent conflicts – on the perceptions ofentrepreneurs concerning some key entrepreneurial issues – such as fear of failure instarting a business...

We run a novel experiment to explore the relationship between the perception of real-life risks and the demand for risk reduction. Subjects play a series of loss lotteries in which the odds are matched to the likelihood of lethal events in real life. For each risk, subjects can pay premiums in...

We study the effect of the Israeli-Palestinian conflict on the probability to pass the final high-school exam for Palestinian students in the West Bank during the Second Intifada (2000-2006). By exploiting within-school variation in the number of conflict-related Palestinian fatalities during...

In 1998, the Good Friday Agreement concluded a period of violence in Northern Ireland yet the scars of the conflict remained prevalent in the political landscape. Rival communities remained divided, economic performance was poor and intercommunity tensions frequently manifested. In a bid to...

This paper summarizes the micro‐level survey evidence from Central Asia generated and analyzed between 1991 and 2012. We provide an exhaustive overview over all accessible individual and household‐level surveys undertaken in Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan ‐...

Both crime and terrorism impose costs onto society through the channels of fear and worry. Identifying and targeting groups which are especially affected by worries might be one way to reduce the total costs of these two types of insecurity. However, compared to the drivers of the fear of crime,...

We analyze the determinants of household work contracted in the German shadow economy. The German socio-economic household panel, which enumerates casual domestic employment, is used to estimate the demand for such household work. The regressors include regional wage rates, household income and...

We analyse the convergence and heterogeneity of living standards between East and West Germany since unification. Based on data from the German Socio-Economic Panel (GSOEP), we compare total individual income of permanent adult residents, including retirees and the unemployed, of East and West...

This paper analyzes the distributive impacts of violent conflicts, which is in contrast to previous literature that has focused on the other direction. We use cross-country panel data for the time period 1960-2005 to estimate war-related changes in income inequality. Our results indicate rising...

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...