Numerous studies demonstrate that terrorism causes strong public reactions immediately after the attack, with important implications for democratic institutions and individual well-being. Yet, are these effects short-lived? We answer this question using a quasi-experimental design and data on...

The aim of this study is to undertake an up-to-date assessment of market power in Central and Eastern European banking markets and explore how the global financial crisis has affected market power and what has been the impact of foreign ownership. Three main results emerge. First, while there is...

Recently a considerable popular debate has been dedicated to the issue of “police militarization”. We investigate whether the “1033 Program”, which allows local law enforcement agencies to acquire excess property of the US Department of Defense, affects crime rates. To identify the...