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Ohio State: Terrorism and the Stock Market

Authors: Andrew Karoly, and Todolfo Martell
May 31, 2006


In their working paper, Andrew Karoly and Todolfo Martell examine the impact on stock prices in the aftermath of terrorist attacks. The study identifies 75 attacks on publicly traded firms between 1995 and 2002 from the Counterterrorism Office of the U.S. Department of State and elucidates the market effect of these attacks. A comprehensive understanding of the nature of terrorism and its effects is integral to the prevention of such attacks.

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The Role of Financial Power in National Security

Speakers: Daniel L. Glaser, Lee S. Wolosky, and Juan Carlos Zarate
Presider: Karen J. Greenberg

Experts discuss the recent history and evolution of the U.S. government's use of financial power and influence in national security.