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to go to war with each other, even after controlling for a wide set of measures of geographic distance and other factors …
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We investigate the long-run effects of cooling on conflict. We construct a geo-referenced and digitized database of conflicts in Europe, North Africa, and the Near East from 1400-1900, which we merge with historical temperature data. We show that cooling is associated with increased conflict....
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We present a dynamic two-country model in which military spending, geopolitical risk, and government bond prices are … rises with geopolitical tensions, and war losers suffer from higher debt devaluation than victors. Even though higher debt …, unless war is realized and induces a hegemonic transition. For high debt capacity, transitional dynamics exhibit geopolitical …
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