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How does war shock the economy?

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  • Caplan, B.

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  • Caplan, B., 2002. "How does war shock the economy?," Journal of International Money and Finance, Elsevier, vol. 21(2), pages 145-162, April.
    • Handle: RePEc:eee:jimfin:v:21:y:2002:i:2:p:145-162
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    References listed on IDEAS

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    1. Kenneth Rogoff, 1985. "The Optimal Degree of Commitment to an Intermediate Monetary Target," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 100(4), pages 1169-1189.
    2. Michael D. Bordo, 1993. "The gold standard, Bretton Woods and other monetary regimes: a historical appraisal," Review, Federal Reserve Bank of St. Louis, issue Mar, pages 123-191.
    3. Barro, Robert J., 1986. "Reputation in a model of monetary policy with incomplete information," Journal of Monetary Economics, Elsevier, vol. 17(1), pages 3-20, January.
    4. Backus, David K & Kehoe, Patrick J, 1992. "International Evidence of the Historical Properties of Business Cycles," American Economic Review, American Economic Association, vol. 82(4), pages 864-888, September.
    5. Vernon, J. R., 1994. "World War II Fiscal Policies and the End of the Great Depression," The Journal of Economic History, Cambridge University Press, vol. 54(4), pages 850-868, December.
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    7. Barro, Robert J, 1981. "Output Effects of Government Purchases," Journal of Political Economy, University of Chicago Press, vol. 89(6), pages 1086-1121, December.
    8. Ohanian, Lee E, 1997. "The Macroeconomic Effects of War Finance in the United States: World War II and the Korean War," American Economic Review, American Economic Association, vol. 87(1), pages 23-40, March.
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    10. Thomas J. Sargent, 1982. "The Ends of Four Big Inflations," NBER Chapters, in: Inflation: Causes and Effects, pages 41-98, National Bureau of Economic Research, Inc.
    11. Robert E. Hall, 1982. "Inflation: Causes and Effects," NBER Books, National Bureau of Economic Research, Inc, number hall82-1, March.
    12. Sargent, Thomas J & Wallace, Neil, 1973. "Rational Expectations and the Dynamics of Hyperinflation," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 14(2), pages 328-350, June.
    13. J. Bradford DeLong & Lawrence H. Summers, 1988. "How Does Macroeconomic Policy Affect Output?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 19(2), pages 433-494.
    14. Daniel K. Benjamin & Levis A. Kochin, 1984. "War, Prices, and Interest Rates: A Martial Solution to Gibson's Paradox," NBER Chapters, in: A Retrospective on the Classical Gold Standard, 1821-1931, pages 587-612, National Bureau of Economic Research, Inc.
    15. Romer, Christina D., 1992. "What Ended the Great Depression?," The Journal of Economic History, Cambridge University Press, vol. 52(4), pages 757-784, December.
    16. repec:bla:scandj:v:88:y:1986:i:1:p:195-22 is not listed on IDEAS
    17. Ramey, Valerie A. & Shapiro, Matthew D., 1998. "Costly capital reallocation and the effects of government spending," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 48(1), pages 145-194, June.
    18. Wendy Edelberg & Martin Eichenbaum & Jonas D.M. Fisher, 1999. "Understanding the Effects of a Shock to Government Purchases," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 2(1), pages 166-206, January.
    19. Hamilton, Earl J., 1977. "The Role of War in Modern Inflation," The Journal of Economic History, Cambridge University Press, vol. 37(1), pages 13-19, March.
    20. repec:bla:econom:v:61:y:1994:i:243:p:331-43 is not listed on IDEAS
    21. Herschel I. Grossman, 1988. "The Political Economy of War Debts and Inflation," NBER Working Papers 2743, National Bureau of Economic Research, Inc.
    22. R. Anton Braun & Ellen R. McGrattan, 1993. "The Macroeconomics of War and Peace," NBER Chapters, in: NBER Macroeconomics Annual 1993, Volume 8, pages 197-258, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Tosun, Onur Kemal & Eshraghi, Arman & Vigne, Samuel A., 2024. "Firms Entangled in Geopolitical Conflicts: Evidence from the Russia-Ukraine War," Journal of International Money and Finance, Elsevier, vol. 147(C).
    2. Prieto-Rodríguez, Juan & Rodríguez, Juan Gabriel & Salas, Rafael & Suarez-Pandiello, Javier, 2009. "Quantifying fear: The social impact of terrorism," Journal of Policy Modeling, Elsevier, vol. 31(5), pages 803-817, September.
    3. Palmer, Carolyn, 2014. "'Flood and fire and famine': Tax policy lessons from the Australian responses to natural disasters," Working Paper Series 18858, Victoria University of Wellington, Chair in Public Finance.
    4. Bassil Charbel, 2013. "Macroeconomic Consequences of War and Terrorism in Lebanon," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 19(3), pages 415-429, December.
    5. Federle, Jonathan & Meier, André & Müller, Gernot & Schularick, Moritz, 2024. "The Price of War," CEPR Discussion Papers 18834, C.E.P.R. Discussion Papers.
      • Federle, Jonathan & Meier, André & Müller, Gernot J. & Mutschler, Willi & Schularick, Moritz, 2024. "The price of war," Kiel Working Papers 2262, Kiel Institute for the World Economy (IfW Kiel).
      • Federle, Jonathan & Meier, André & Müller, Gernot J. & Mutschler, Willi & Schularick, Moritz, 2024. "The price of war," Kiel Policy Briefs 171, Kiel Institute for the World Economy (IfW Kiel).
    6. Laron K. Williams & David J. Brulé & Michael Koch, 2010. "War Voting," Conflict Management and Peace Science, Peace Science Society (International), vol. 27(5), pages 442-460, November.
    7. repec:ehu:dfaeii:6468 is not listed on IDEAS
    8. Ellyn Creasey & Ahmed S. Rahman & Katherine A. Smith, 2015. "Does Nation Building Spur Economic Growth?," Economic Inquiry, Western Economic Association International, vol. 53(1), pages 660-680, January.
    9. Rubin, Ofir D. & Ihle, Rico & Kachel, Yael & Goodwin, Barry K., 2013. "The impact of violent political conflict on commodity prices: The Israeli food market," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150961, Agricultural and Applied Economics Association.
    10. Gerald Schneider & Vera E. Troeger, 2006. "War and the World Economy," Journal of Conflict Resolution, Peace Science Society (International), vol. 50(5), pages 623-645, October.
    11. Palmer, Carolyn, 2014. "'Flood and fire and famine': Tax policy lessons from the Australian responses to natural disasters," Working Paper Series 3718, Victoria University of Wellington, Chair in Public Finance.
    12. Mr. Nicholas Staines, 2004. "Economic Performance Over the Conflict Cycle," IMF Working Papers 2004/095, International Monetary Fund.
    13. Oosterlinck, Kim, 2003. "The bond market and the legitimacy of Vichy France," Explorations in Economic History, Elsevier, vol. 40(3), pages 326-344, July.

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