We analyze financial market data in order to produce an ex-ante assessment of the economic consequences of war with Iraq. The novel feature of our analysis derives from the existence of a market for Saddam Securities,' a new future traded on an online betting exchange that pays only if Saddam...

This study investigates the changes in Iraqi stock market (ISX) performance and investors' trading behavior before and after both Iraq parliament elections (IPE) and Kurdistan region parliament elections (KRPE) as a political events; the examination is based on the Iraq stock market main sectors...