Showing 1 - 10 of 322
We construct a dynamic theory of civil conflict hinging on inter-ethnic trust and trade. The model economy is … beliefs on the average propensity to trade of the other group. Since confict disrupts trade, the onset of a conflict signals … after each conflict episode. Third, accidental conflicts that do not reflect economic fundamentals can lead to a permanent …
Persistent link: https://www.econbiz.de/10010316887
It has long been recognized that there is considerable heterogeneity in individual risk taking behavior but little is known about the distribution of risk taking types. We present a parsimonious characterization of risk taking behavior by estimating a finite mixture regression model for three...
Persistent link: https://www.econbiz.de/10014207351
This study examines the effects of fragmented governments and fiscal authorities on budget deficits in Turkey along with political business cycle effects. For econometric analysis we will use annual data from the period of 1960-2009. This paper sheds light on various dispersion indices and their...
Persistent link: https://www.econbiz.de/10010500175
Santa-Clara and Valkanov (2003) document that excess returns on the stock market are puzzlingly higher under Democratic presidential administrations. We examine whether differences in economic fundamentals can account for this presidential puzzle. We find that the role for fundamentals crucially...
Persistent link: https://www.econbiz.de/10010318988
Human players in our laboratory experiment converge closely to the symmetric mixed Nash equilibrium when matched in a single population version of the standard Hawk-Dove game. When matched across two populations, the same players show clear movement towards an asymmetric (and very inequitable)...
Persistent link: https://www.econbiz.de/10010288136
How do political elites prepare the civilian population for participation in violent conflict? We empirically …
Persistent link: https://www.econbiz.de/10011406158
experienced a ten year long civil conflict of varying intensity. We exploit that villages affected by the conflict had the same … trend in fertility as non-affected villages prior to the onset of conflict and employ a difference-in-differences estimator …. We find that women in affected villages increased their actual and desired fertility during the conflict by 22 percent …
Persistent link: https://www.econbiz.de/10012140920
We reconsider the relationship between oil and conflict, focusing on the location of oil resources. In a panel of 132 … countries over the period 1962-2009, we show that oil windfalls increase the probability of conflict in onshore-rich countries …, while they decrease this probability in offshore-rich countries. We use a simple model of conflict to illustrate how these …
Persistent link: https://www.econbiz.de/10011927977
matched to play a reduced form bargaining game. We show that this struggle for resources drives a conflict through the … consequences. We show that rational players can contribute to the conflict by aggressively discriminating and that this behavior is … relates to the social conflict literature, which examines the relationship between macro level factors such as unemployment …
Persistent link: https://www.econbiz.de/10010266354
Despite a significant expansion of the literature on conflicts and fragility of states, only a few systematic attempts have been made to link the theoretical literature on social conflicts to the available micro-level information about the people who are involved in these conflicts. We address...
Persistent link: https://www.econbiz.de/10010277297