Showing 1 - 10 of 561
This paper is the first to analyse the three-way relationship among money laundering, anti-money-laundering efforts and corruption. On the one hand, if we assume that the goal of criminals involved in corruption is to minimize the probability of being detected, then corruption represents a...
Persistent link: https://www.econbiz.de/10012867872
We provide the first quantitative synthesis of the literature on how financial markets react to the disclosure of financial crimes committed by listed firms. While consensus expects negative stock price returns, the exact size of the effect is far from clear. We survey 111 studies published over...
Persistent link: https://www.econbiz.de/10014347014
In 2011, German police accidentally stumbled upon a previously unknown right-wing extremist group called the National Socialist Underground (NSU). Further investigations implicated the group in previously unexplained murders of mostly ethnically Turkish individuals and in other crimes targeting...
Persistent link: https://www.econbiz.de/10012908664
This study examines the effect of religiosity on terrorism by focusing on one of the five pillars of Islam: Ramadan … countries. We argue that this effect partly operates through a decrease in public support for terrorism, which in turn reduces …
Persistent link: https://www.econbiz.de/10012892037
We examine the effect of class cleavages on terrorist activity by anarchist and leftist terrorist groups in 99 American, Asian and European countries over the 1860-1950 period. We find that higher levels of political exclusion of the poor, our main measure of class conflict, were associated with...
Persistent link: https://www.econbiz.de/10013224083
paper analyzes the impact of terrorism on international trade by examining a series of three large-scale terrorist incidents …
Persistent link: https://www.econbiz.de/10013224092
provide causal estimates of the effect of U.S. military aid on anti-American terrorism. We find that higher levels of military … aid led to an increased likelihood of the recipient country to produce anti-American terrorism. For our preferred … instrumental-variable specification, doubling U.S. military aid increases the risk of anti-American terrorism by 4.4 percentage …
Persistent link: https://www.econbiz.de/10012828790
This paper studies how an increase in the number of armed groups operating within an area affects the amount of organized political violence. We use plausible exogenous variation in the number of armed groups in Pakistan, by exploiting the split of a major group due to the natural death of its...
Persistent link: https://www.econbiz.de/10012830355
We compare the realised impact of terrorism and disasters linked to natural hazards. Using fifty years of data from two … impactful than terrorism. The former had a larger realised impact in all regions in both gross and per-capita terms. The largest … cross-peril difference was in Asia, where natural hazard disasters took 324 million Lifeyears, while terrorism took ten …
Persistent link: https://www.econbiz.de/10014078668
How does exposure to Islamist terrorism change perceptions of the share of Muslims and immigrants? We conduct a large …
Persistent link: https://www.econbiz.de/10014348045