We address the pitfalls of averaging by exploiting the longitudinal variation in aid to identify sudden and sharp increases in aid flows. Focusing on specific events, we test if aid accelerations correspond to policies and shocks in the recipient country. For a large sample of 145 recipient...

A multi-stage model on the course of war is presented: Individual battles are modeled as private value all-pay auctions with asymmetric combatants of two opposing teams. These auctions are placed within a multi-stage framework with a tug-of-war structure. Such framing provides a microfounded...

This paper studies the association between the current account and real estate valuation across countries, subject to data availability [43 countries, of which 25 are OECD], during 1990 - 2005. We find robust and strong positive association between current account deficits and the appreciation...

It is commonplace to argue speed as the deflning element in modern day warfare. Whether one looks to the manuals and concepts of the US military or to critical thinkers like Virilio the analvsis is the same. Speed and time, not mass and space, are the essentials of warfare. This is the case in...

The paper assesses the general trend towards privatisation, in the developed as well as the developing world, where even “high politics” is increasingly performed by, or outsourced to, non-state actors. This is both the case for foreign and security politics, including war, where the use by...

Recent violent conflicts in Africa have seen extensive use of very irregular armed forces by governments. Examples include the use of Kamajors in Sierra Leone, Janjaweed and other militias in Sudan and Interahamwe militias in the 1994 genocide in Rwanda. The paper, originally written for a...

Der Irakkrieg wurde militärisch wesentlich schneller entschieden als von vielen befürchtet. Die gesamtwirtschaftlichen Kosten des Krieges sind dennoch bedeutend. So ist die jährliche Belastung des US-Haushalts durch die Militärausgaben für den Irakkrieg - gemessen am Bruttoinlandsprodukt -...

Using a data set of historical battles from 1600 to 1973, this paper analyzes the empirical determinants of tactical success in modern war. Based on a reduced form approach we consider key elements of military theory as factors in the production of combat success, formalized in a military...