Schneider, Gerald; Troeger, Vera E. - In: Journal of Conflict Resolution 50 (2006) 5, pp. 623-645
One of the perennial questions in the scientific study of war is how war affects the economy. The authors examine the influence that the political developments within three war regions had on global financial markets (CAC, Dow Jones, FTSE) from 1990 to 2000. They embed a rational expectation...