describe the most typical features of capital markets like volatility clustering, excess kurtosis and fat tails. As empirical … evidence shows asymmetry is also a prominent feature of stock market returns volatility. The reaction of risk if stock returns …

This contribution investigates the role of education in domestic terrorism for 133 countries between 1984 and 2007. The … findings point at a nontrivial effect of education on terrorism. Lower education (primary education) tends to promote terrorism … education (university education) reduces terrorism in a cluster of countries where conditions are more favorable. This suggests …

A unique dataset is used to separately analyze the social origins of left-wing and nationalist-separatist terrorism in … types of ideologically or ethnically motivated terrorism make it plausible that they respond differently to specific social … strength) or nationalist-separatist terrorism (e.g., ethnic polarization, non-violent protest). However, both types of …

How does electoral accountability affect the effectiveness of terrorism prevention in a democ- racy? We analyze the … connection between electoral accountability and policy effectiveness in the context of terrorism prevention. We develop a formal … objective of terrorism prevention and have symmetric information. We show that electoral pressures to be successful in terrorism …

imprisonment, and torture. To some extent, civil rights are also restricted as a consequence of terrorism, while we find no effect … of terrorism on empowerment rights. …

We perform an empirical investigation of the macroeconomic consequences of international terrorism and interactions … panel growth regression analysis and a structural VAR model. We find that, on average, the incidence of terrorism may have … that associated with either external wars or internal conflict. As well, terrorism is associated with a redirection of …

of terrorism, as well as internal and external conflict is equivalent to as much as a 30 percent tariff on trade. This is …