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- not affect financial uncertainty. In contrast, based on a behavioral model of terrorism motivated by Schmid and de Graaf … (1982), lagged financial uncertainty contains information for the risk of terror events. Estimation results of the negative … binominal quasi maximum likelihood count data model confirm an inverse impact of lagged financial uncertainty on terrorism …
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Following the recent terrorist attacks in Paris, the European media emphatically pronounced that billions of euros were wiped from tourism related stocks. This comes at a troublesome time for the tourism industry, in the midst of a global financial crisis, and the unpredictable rise of radical...
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the reaction of five hospitality/tourism stock indices to 150 incidents depicting major Acts of Terrorism, "Acts of God …
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