Showing 1 - 10 of 41
The popularity of sustainable investments is unbroken and attracts investors and researchers alike. Modelling the properties of such 'green' firms, Pástor, Stambaugh, and Taylor 2021 consider a hedge against climate risks in their theoretical model. Likewise, it could be assumed that companies...
Persistent link: https://www.econbiz.de/10013255954
globalization and import dependency as a short-term reaction to economic turbulences and geopolitical upheaval at the onset of war …
Persistent link: https://www.econbiz.de/10013362395
This study examines the causal joint effect of a new political regime and war against Iraq on life expectancy of … Iranians for the period 1978–1988 during the revolution and war. I use a synthetic control approach to construct a synthetic … evolution of the factual Iranian life expectancy during the post-revolution period through the end of the war. I find a sizable …
Persistent link: https://www.econbiz.de/10012510202
the social infrastructure of a potential enemy. War using conventional weapons may be preceded by or combined with a war … likelihood of a war reducing the deterrence. …
Persistent link: https://www.econbiz.de/10011611284
Can a major shock in childhood permanently shape trust? We consider a hunger episode in Germany after WWII and construct a measure of hunger exposure from official data on caloric rations set monthly by the occupying forces providing regional and temporal variation. We correlate hunger exposure...
Persistent link: https://www.econbiz.de/10011540782
The diversion of development aid to the recipient's military may be one explanation why aid is often found to be ineffective in promoting economic growth and development. Previous studies have not derived the causal effects of development aid on military expenditure. Using a new instrumental...
Persistent link: https://www.econbiz.de/10011539046
We examine whether changes of government influence compliance with international agreements. We investigate compliance with the NATO two percent target to which all NATO countries committed themselves during the NATO summit in Wales in 2014. The dataset includes the military expenditure by NATO...
Persistent link: https://www.econbiz.de/10011966866
We examine whether government ideology was correlated with the growth in military expenditure in Germany over the period 1951-2011. By using various measures of government ideology, the results do not show any effect. The exception is an ideology measure based on the Comparative Manifesto...
Persistent link: https://www.econbiz.de/10010515371
standalone effects. In this study, we focus on the case of the Iranian Revolution of 1979 and the subsequent Iran-Iraq war from … 1980 to 1988. We use the synthetic control method to study the effect of revolution and war on changes in income inequality … levels. Had there been no revolution and war in Iran, how would income inequality have developed? Utilizing the synthetic …
Persistent link: https://www.econbiz.de/10012669743
conflict is about rival goods, more similar groups are more likely to engage in war with each other. We formalize these ideas …
Persistent link: https://www.econbiz.de/10011580606