Showing 1 - 10 of 91
This paper explores the means by which warfare influences domestic commodity markets. It is argued that England during the French Wars provides an ideal testing ground. Four categories of explanatory variables are taken as likely sources of documented changes in English commodity price...
Persistent link: https://www.econbiz.de/10013139748
fight and endure war, the government elites began to provide public goods, reduced rent extraction and adopted policies to …
Persistent link: https://www.econbiz.de/10012955943
We analyze financial market data in order to produce an ex-ante assessment of the economic consequences of war with … Iraq. The novel feature of our analysis derives from the existence of a market for Saddam Securities,' a new future traded …'s price provides a plausible estimate of the probability of war. The spot oil price has moved closely with the Saddam Security …
Persistent link: https://www.econbiz.de/10012762835
powers, the government was able to fund the war by borrowing and levying taxes. In major wars, however, there came a point …
Persistent link: https://www.econbiz.de/10013021872
We consider three questions related to the choice between war in Iraq and a continuation of the pre-war containment … war more or less costly for the United States than containment? Second, compared to war and forcible regime change, would … a continuation of the containment policy have saved Iraqi lives? Third, is war likely to bring about an improvement or …
Persistent link: https://www.econbiz.de/10013219222
This paper attempts to provide a more complete reckoning of the costs of the Iraq War, using standard economic and … accounting/ budgetary frameworks. As of December 30, 2005, total spending for combat and support operations in Iraq is $251bn … underestimate the War's true costs. We estimate a range of present and future costs, by including expenditures not in the $500bn CBO …
Persistent link: https://www.econbiz.de/10013224204
Much has been written about the national-security aspects of a potential conflict with Iraq, but there are no studies …
Persistent link: https://www.econbiz.de/10013249345
war with Iraq …This paper measures the effects of the risk of war on nine U.S. financial variables using a heteroskedasticity …-based estimation technique. The results indicate that increases in the risk of war cause declines in Treasury yields and equity prices …
Persistent link: https://www.econbiz.de/10013210541
The French Opposition to the war in Iraq in early 2003, prompted calls for a boycott of French wine in the US. We …
Persistent link: https://www.econbiz.de/10013211695
As of this writing, the wars in Iraq and Afghanistan are in their eighth and tenth years, having accrued nearly a … the implications of the war costs themselves. Besides the unanticipated length and breadth of the military conflicts … motivations associated with war cost forecasts by comparing them with other types of aggregate forecasts, which are prone to …
Persistent link: https://www.econbiz.de/10013141284