Both these terms are the basis on which this article is going to revolve. It is very important to understand the link between these terms because they could be the greatest threat to mankind if they get together. To begin with and the most important link that can be set here is the monetary...

Offense-defense theory argues that wars are more likely in offense-dominant periods. I study how this claim can be challenged when it comes to making predictions about terrorism. To do so, I consider a model of continuous-time conflict between a status quo state and a terrorist, who develops...

Some advocates of drastic greenhouse gas controls claim that the costs of global warming are underestimated and that a proper accounting of the full costs raises the specter of economic and political instability, conflict and mass migration as weak governments in developing countries with low...

Since the beginning and escalation of terrorism, various sectors of the economy have been affected as a result of the negative peace and fatalities associated with the Boko Haram terrorism. The situation has caused rapid inflation and decline in the availability of basic human needs. Containing...

The monetary and payment system consequences of the September 11, 2001, terrorist attacks are reviewed and compared to selected U.S. banking crises. Interbank payment disruptions appear to be the central feature of all the crises reviewed. For some the initial trigger is a credit shock, while...

The study investigates the role of the media in the impact of terrorism on the economy. A unique data set of the newspaper articles that reported terrorist attacks during 2002 is used to evaluate their impact on the Tel Aviv Stock Exchange. An econometric analysis is performed in order to...

This paper analyses the effect of local crime rates on the mental well-being of residents. Our identification strategy addresses the problem of sorting, and endogenous moving behaviour. We find that crime causes considerable mental distress of residents, and that these effects are mainly driven...

This paper uses a unique data set and advanced econometric methods to examine the effect of terrorism on financial markets of both sides of the barricade in the Israeli-Palestinian conflict. The main finding are: (1) Real economies on both sides suffered significantly during the intifada period;...

This paper uses daily data to analyze how stock and foreign exchange markets react to terror.The data distinguishes location, type of attack and target, number of casualties, and the number of attacks per day for 639 terror attacks between 1990 and 2003 in which 1212 people in Israel were killed...