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Terrorist incidents exert a negative, albeit usually short-lived, impact on markets and equity returns. Given the integration of global financial markets, mega-terrorist events also have a high contagion potential with their shock waves being transmitted across countries and markets. This paper...
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data from Pakistan Social and Living Standards Measurement and the Global Terrorism Database to examine the impact of the … terrorism had little effect on school enrolment. High levels of exposure reduced the enrolment rate for boys by about 5 …
Persistent link: https://www.econbiz.de/10011528137
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of terrorism, as well as internal and external conflict is equivalent to as much as a 30 percent tariff on trade. This is …
Persistent link: https://www.econbiz.de/10011449640
We perform an empirical investigation of the macroeconomic consequences of international terrorism and interactions … panel growth regression analysis and a structural VAR model. We find that, on average, the incidence of terrorism may have … that associated with either external wars or internal conflict. As well, terrorism is associated with a redirection of …
Persistent link: https://www.econbiz.de/10011402576
This paper examines the economic consequences of terror attacks and the channels through which terrorism affects local … randomness in the success or failure of terror attacks to identify the economic impacts of terrorism. The findings suggest that …
Persistent link: https://www.econbiz.de/10011388324
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The objective of this paper is to examine whether terror attacks that took place in the Eurozone in the 21st century had a significant effect on the price of the Euro. Its novelty is twofold: it is the first study that assesses the impact of such events on the price of the Euro and employs a...
Persistent link: https://www.econbiz.de/10012626418
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