Brune, Amelie; Hens, Thorsten; Rieger, Marc Oliver; … - National Centre of Competence in Research - Financial … - 2011
We study a number of large international military conflicts sinceWorld War II where we establish a news analysis as a proxy for theestimated likelihood that the conflict will result in a war. We findthat in cases when there is a pre-war phase, an increase in the warlikelihood tends to decrease...