Showing 1 - 10 of 2,170
Persistent link: https://www.econbiz.de/10008655945
This paper tests some existing theories developed over the past 25 years on corporate demand for insurance. Using a unique dataset of 1,809 large U.S. corporations it provides the first empirical analysis that compares corporate demand for standard property insurance and for catastrophe coverage...
Persistent link: https://www.econbiz.de/10009733208
An unprecedented number of refugees from Syria has sought refuge in both the Middle East andEurope since the beginning of the civil war in Syria in 2011. We analyze the level of altruism and risk-seeking among Syrian civil war victims in Jordan. We find systematic variations in their revealed...
Persistent link: https://www.econbiz.de/10012307348
We are the first to analyze the effect of terror on stock markets by terror ideology. Surprisingly, we find that … Islamist terror attacks created significant negative abnormal returns in American and European markets, but the stock market … effects of other terror attacks were almost nil. For our sample of all 124 terrorist attacks in the US and Europe in the …
Persistent link: https://www.econbiz.de/10014478721
We are the first to analyze the effect of terror on stock markets by terror ideology. Surprisingly, we find that … Islamist terror attacks created significant negative abnormal returns in American and European markets, but the stock market … effects of other terror attacks were almost nil. For our sample of all 124 terrorist attacks in the US and Europe in the …
Persistent link: https://www.econbiz.de/10014481141
This paper examines the interaction between a growth-oriented terrorist organization and an uninformed government based on a two-period signaling game. The terrorists, taking into account the government's counter-terrorism response to first period attacks, gain additional manpower from...
Persistent link: https://www.econbiz.de/10009656211
in Pakistan, bearing responsibility for 16 percent of all attacks or 2,964 terror deaths. Exploring mechanisms, we …
Persistent link: https://www.econbiz.de/10012005283
This paper investigates the interplay of trade and terrorism externalities under free trade between a developed nation that exports a manufactured good to and imports a primary product from a developing nation. A terrorist organization targets both nations and reduces its attacks in response to...
Persistent link: https://www.econbiz.de/10011691593
Persistent link: https://www.econbiz.de/10001685472
In this paper, we construct a model of market structure in the global arms industry linking concentration, military procurement, international trade and regional conflict. We show how concentration depends on the willingness of producers to import for their military needs and on the relative...
Persistent link: https://www.econbiz.de/10002626234