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Diamonds are forever, wars are not : is conflict bad for private firms?

Guidolin, Massimo; La Ferrara, Eliana - 2005 - Rev

using microeconomic data for Angola. We focus on diamond mining firms and conduct an event study on the sudden end of the … news" rather than "good news" for companies holding concessions in Angola, as their abnormal returns declined by 4 … percentage points. The event had no effect on a control portfolio of otherwise similar diamond mining companies. This finding is …

Persistent link: https://www.econbiz.de/10002917581

Drought and civil war in Sub-Saharan Africa

Couttenier, Mathieu; Soubeyran, Raphael - 2010

In this paper, we show that drought has a positive effect on the incidence of civil war over the 1945-2005 period in Sub-Saharan Africa. We use the Palmer Drought Severity Index which is a richer measurement of drought than the measures used in the literature (rainfall and temperature) as it...

Persistent link: https://www.econbiz.de/10008747636

New evidence on state banking before the Civil War

Weber, Warren E. (contributor) - 2006

Prior to the Civil War there were three major differences among states in how U.S. banks were regulated: (1) Whether they were established by charter or under free-banking laws. (2) Whether they were permitted to branch. (3) Whether the state established a state-owned bank. I use a census of the...

Persistent link: https://www.econbiz.de/10003328071