Similar Search Results

The Modern World: The effect of democracy, colonialism and war on economic growth 1820-2000

Milanovic, Branko - EconWPA - 2005

The paper uses the recently available data on growth rates, democracy, protectionism, and wars over the period 1820 to 2000 to look at the determinants of economic growth over the long-term. It is motivated by the following questions: what is the effect of democracy on growth, was colonialism...

Persistent link: https://www.econbiz.de/10005062416

Western Institution Building:The War, Hayek’s Cosmos and the WTO

Killion, M. Ulric - EconWPA - 2005

Despite the shortcomings of Hayek’s spontaneous order, there is a positive side, perhaps even a positive feedback. Hayek left us with a “what if” question and returns us to that initial opening of Pandora’s Box, or perhaps the initial onset of neo-realism, neo-liberalism,...

Persistent link: https://www.econbiz.de/10005407658

Why Do Investors Still Hope? The Soviet Repudiation Puzzle (1918- 1919)

Kim, Oosterlinck - EconWPA - 2004

Based on an original database, this paper provides an empirical study of Tsarist bond prices reactions after their repudiation by the Soviets. For the two years following the repudiation two striking features of a representative Tsarist bond traded in Paris are highlighted: first, the price...

Persistent link: https://www.econbiz.de/10005556882

A PUSH TO GEORGE ( IN ) BUSH

DR.VSR.SUBRAMANIAM - EconWPA - 2005

An imperative need has arisen to provide a Constructive push to the President Bush. American population, Corporate units, Expatriates and all nations with their currency related to US $, are not happy in the current $ dipping situation. Even the currencies of poor nations are galloping upward in...

Persistent link: https://www.econbiz.de/10005556940

Terrorism Prevention: A General Model

Dietrich, Franz - EconWPA - 2004

In this paper, I present and discuss a method for modelling an important trade-off faced by terrorism prevention policies: the trade-off between, on the one hand, trying to reduce people's inclination towards terrorism, and, on the other hand, trying to protect society against existing...

Persistent link: https://www.econbiz.de/10005118920

Stable Alliance Formation in Distributional Conflict

Garfinkel, Michelle R. - EconWPA - 2003

advantage in the conflict or that the joint production process exhibits increasing returns. Nor is there any presumption that …, the formation of alliances tends to reduce the severity of the conflict over the contestable resource. Furthermore …, despite the internal conflict that arises among the winning alliance’s members over the distribution of their joint product …

Persistent link: https://www.econbiz.de/10005126004

Greed and Grievance in Civil War

Collier, Paul; Hoeffler, Anke - EconWPA - 2004

We investigate the causes of civil war, using a new data set of wars during 1960-99. We test a `greed’ theory focusing … dependence upon primary commodity exports and a large diaspora substantially increase the risk of conflict. Inconsistent with the … grievance theory, greater ethnic and religious diversity reduce the risk of conflict. The results are robust to correction for …

Persistent link: https://www.econbiz.de/10005407738

A Trade Institution as a Peaceful Institution?

Caruso, Raul - EconWPA - 2004

Recent studies emphasize the occurrence of conflict as a rational economic activity as well as production and exchange … terms of economic utility and in terms of peace than in ^Qcontinuing conflict^R and ^Qobstructed trade^R scenarios. …

Persistent link: https://www.econbiz.de/10005407777

Pushing the Prize Up, A Few Notes on Al-Qaeda's Reward Structure and the choice of Casualties

Caruso, Raul; Locatelli, Andrea - EconWPA - 2005

The article aims at suggesting possible conjectures on Al-Qaeda's logic and structure. Even if the organization's secrecy makes any empirical evidence difficult to find, some insight can be provided by economic theory of contests: in this terms, Al-Qaeda can be acknowledged like an agent...

Persistent link: https://www.econbiz.de/10005408420

A Very Simple Model of Conflict with Asymmetric Evaluations and Institutional Constraint

Caruso, Raul - EconWPA - 2005

This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents … conflict in order to appropriate a positive fraction of a stake. An institutional constraint is modelled through an exogenously … conflicting agents are willing to commit themselves to ease the conflict joining an institutional setting they do not ‘disarm …

Persistent link: https://www.econbiz.de/10005408438