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Sovereign credit, conflict, and international relations
Descriptive
TitleInfo
Title
Sovereign credit, conflict, and international relations
Name
(type = personal)
NamePart
(type = family)
Shea
NamePart
(type = given)
Patrick
DisplayForm
Patrick Shea
Role
RoleTerm
(authority = RULIB)
author
Name
(type = personal)
NamePart
(type = family)
Levyy
NamePart
(type = given)
Jack S.
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Jack S. Levyy
Affiliation
Advisory Committee
Role
RoleTerm
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chair
Name
(type = personal)
NamePart
(type = family)
Kaufman
NamePart
(type = given)
Robert
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Robert Kaufman
Affiliation
Advisory Committee
Role
RoleTerm
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internal member
Name
(type = personal)
NamePart
(type = family)
Poast
NamePart
(type = given)
Paul
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Paul Poast
Affiliation
Advisory Committee
Role
RoleTerm
(authority = RULIB)
internal member
Name
(type = personal)
NamePart
(type = family)
McDonald
NamePart
(type = given)
Patrick J.
DisplayForm
Patrick J. McDonald
Affiliation
Advisory Committee
Role
RoleTerm
(authority = RULIB)
outside member
Name
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NamePart
Rutgers University
Role
RoleTerm
(authority = RULIB)
degree grantor
Name
(type = corporate)
NamePart
Graduate School - New Brunswick
Role
RoleTerm
(authority = RULIB)
school
TypeOfResource
Text
Genre
(authority = marcgt)
theses
OriginInfo
DateCreated
(qualifier = exact)
2013
DateOther
(qualifier = exact);
(type = degree)
2013-10
Place
PlaceTerm
(type = code)
xx
Language
LanguageTerm
(authority = ISO639-2b);
(type = code)
eng
Abstract
(type = abstract)
This dissertation examines why investors are willing to finance government wartime borrowing. I challenge the conventional wisdom that investors have dovish preferences by arguing that investors use the uncertainty of conflict outcomes to create lucrative investment opportunities. War lending provides benefits as well as risks to lenders, and the risks are minimized if conflict do not escalate into larger campaigns. As a result, investors will favor states that tend not escalate their conflicts. To test my theory, I rely on both qualitative and quantitative methods. I examine two case studies to gauge international (19th century Austria) and domestic (inter-war Europe) reaction to war. I then use event study analysis to analyze sovereign markets’ reaction to the news of conflict. Finally, I analyze new data on sovereign lending to examine how sovereign credit costs affect decisions to initiate and escalate conflict. In sum, my analysis supports my theoretical assertions that sovereign investors are not always doves, but are rather pragmatists. My findings have implications on how we analyze war finance, state capacity, and military mobilization.
Subject
(authority = RUETD)
Topic
Political Science
RelatedItem
(type = host)
TitleInfo
Title
Rutgers University Electronic Theses and Dissertations
Identifier
(type = RULIB)
ETD
Identifier
ETD_4875
PhysicalDescription
Form
(authority = gmd)
electronic resource
InternetMediaType
application/pdf
InternetMediaType
text/xml
Extent
xi, 183 p. : ill.
Note
(type = degree)
Ph.D.
Note
(type = bibliography)
Includes bibliographical references
Note
(type = statement of responsibility)
by Patrick Shea
Subject
(authority = ETD-LCSH)
Topic
War finance
Subject
(authority = ETD-LCSH)
Topic
Finance, Public
Subject
(authority = ETD-LCSH)
Topic
Conflict management--Economic aspects
RelatedItem
(type = host)
TitleInfo
Title
Graduate School - New Brunswick Electronic Theses and Dissertations
Identifier
(type = local)
rucore19991600001
Location
PhysicalLocation
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(displayLabel = Rutgers, The State University of New Jersey)
NjNbRU
Identifier
(type = doi)
doi:10.7282/T3N877T2
Genre
(authority = ExL-Esploro)
ETD doctoral
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Rights
RightsDeclaration
(ID = rulibRdec0006)
The author owns the copyright to this work.
RightsHolder
(type = personal)
Name
FamilyName
Shea
GivenName
Patrick
Role
Copyright Holder
RightsEvent
Type
Permission or license
DateTime
(encoding = w3cdtf);
(qualifier = exact);
(point = start)
2013-06-07 11:22:17
AssociatedEntity
Name
Patrick Shea
Role
Copyright holder
Affiliation
Rutgers University. Graduate School - New Brunswick
AssociatedObject
Type
License
Name
Author Agreement License
Detail
I hereby grant to the Rutgers University Libraries and to my school the non-exclusive right to archive, reproduce and distribute my thesis or dissertation, in whole or in part, and/or my abstract, in whole or in part, in and from an electronic format, subject to the release date subsequently stipulated in this submittal form and approved by my school. I represent and stipulate that the thesis or dissertation and its abstract are my original work, that they do not infringe or violate any rights of others, and that I make these grants as the sole owner of the rights to my thesis or dissertation and its abstract. I represent that I have obtained written permissions, when necessary, from the owner(s) of each third party copyrighted matter to be included in my thesis or dissertation and will supply copies of such upon request by my school. I acknowledge that RU ETD and my school will not distribute my thesis or dissertation or its abstract if, in their reasonable judgment, they believe all such rights have not been secured. I acknowledge that I retain ownership rights to the copyright of my work. I also retain the right to use all or part of this thesis or dissertation in future works, such as articles or books.
Copyright
Status
Copyright protected
Availability
Status
Open
Reason
Permission or license
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Technical
RULTechMD
(ID = TECHNICAL1)
ContentModel
ETD
OperatingSystem
(VERSION = 5.1)
windows xp
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