We compare the realised impact of terrorism and disasters linked to natural hazards. Using fifty years of data from two … impactful than terrorism. The former had a larger realised impact in all regions in both gross and per-capita terms. The largest … cross-peril difference was in Asia, where natural hazard disasters took 324 million Lifeyears, while terrorism took ten …

Terrorism is a major issue in the 21st century. In this paper we examine the effect of terrorism on the stock market …. We go beyond previous studies to explore the spectre of terrorism on the market rather than terrorist activities. Using a … narrative-based approach à la Shiller (2019), we find that the spectre of terrorism during the Northern Ireland Troubles reduced …