Mohtadi, Hamid; Murshid, Antu Panini - In: Journal of Applied Econometrics 24 (2009) 4, pp. 537-559
This paper models the stochastic behavior of large-scale terrorism using extreme value methods. We utilize a unique dataset composed of roughly 26,000 observations. These data provide a rich description of domestic and international terrorism between 1968 and 2006. Currently, a credible...