This paper examines whether terrorism is an effective tool to achieve political goals. By exploiting variation in … response to terror. Hence, terrorism appears to be an effective strategy in terms of shifting the entire Israeli political … landscape to the left. These findings may shed light on the causes underlying the spread of global terrorism in the last few …

This paper uses scoring matching techniques and event study analysis to elucidate the impact of terrorism across … that belong to the defence, security or anti-terrorism related industries and other companies. The findings show that … whereas terrorism has a significant negative impact on non defence-related companies, the overall effect of terrorism on …

Motivated by a novel stylized fact -- countries with isolated capital cities display worse quality of governance -- we … ways: broader power sharing (associated with better governance) means that any rents have to be shared more broadly, hence … capital city allows the elite to appropriate a larger share of output, so the costs of better governance for the elite, in …