War and the World Economy

@article{Schneider2006WarAT,
  title={War and the World Economy},
  author={Gerald Schneider and Vera E. Troeger},
  journal={Journal of Conflict Resolution},
  year={2006},
  volume={50},
  pages={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 framework within commercial liberalism, a theoretical strand that tries to assess the interrelationship between war and economic exchanges. Time-series analyses account for the effects that the conflict… Expand

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