𝔖 Bobbio Scriptorium
✦   LIBER   ✦

The end of the Peace Dividend


Book ID
125790838
Year
2010
Weight
874 KB
Volume
471
Category
Article
ISSN
0141-7762

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We develop a model of the peace dividend and use it to predict the fiscal consequences of a reduction in the demand for military spending. The model is based on the assumption that the political process responds to political demands and costs in a way that maximizes net political benefits. The predi