CESifo Economic Studies Editors Erkki Koskela ISSN 1610-241X (PRINT) Panu Poutvaara University of Helsinki ISSN 1612-7501 (ONLINE) LMU University of Munich Helmut Lütkepohl (Managing Editor) Freie Universität Berlin Matz Dahlberg University of Uppsala Ronald MacDonald University of Glasgow Christos Kotsogiannis University of Exeter David Miles Xavier Mateos-Planas Imperial College Queen Mary CESifo Franz Palm University of London Maastricht University

Associate Editors Pierre Pestieau Richard Arnott Université de Liège Volume 64 Number 4 December 2018 University of California, Riverside Economic Studies Günter Poser Downloaded from https://academic.oup.com/cesifo/issue/64/4 by guest on 11 January 2019 Nicholas Barr Technische Universität Darmstadt Volume 64 Number 4 December 2018 London School of Economics Roel Beetsma Paola Profeta http://academic.oup.com/cesifo University of Amsterdam Bocconi University Lans Bovenberg Hans Jürgen Ramser Tilburg University Konstanz University Geoffrey Brennan Assaf Razin Australian National University Tel Aviv University and The Economics of Peace and War Gerhard Clemenz Cornell University Vesa Kanniainen and The Economics of Peace and War: An Overview Universität Wien Panu Poutvaara E. Philip Davis Efraim Sadka Brunel University Tel-Aviv University Kai A. Konrad Budget and Effort Choice in Sequential Colonel Blotto Campaigns Paul De Grauwe Agnar Sandmo Lena Gerling Rebellious Youth: Evidence on the Link between Youth Bulges, London School of Economics Norwegian School of Economics Institutional Bottlenecks, and Conflict Peter Diamond and Business Administration Vesa Kanniainen Defence Commitment and Deterrence in the Theory of War Massachusetts Institute of Monika Schnitzer Technology David Stadelmann, Military Service of Politicians, Public Policy, and Parliamentary Decisions LMU University of Munich Avinash Dixit Marco Portmann and Princeton University Hans-Werner Sinn Reiner Eichenberger Gebhard Flaig CESifo and LMU University of David A. Jaeger and Are Drone Strikes Effective in and ? On the Dynamics LMU University of Munich Munich Zahra Siddique of Violence between the and the Hans Gersbach Frank Smets Bruno S. Frey and Margit Osterloh Strategies to Deal with Terrorism ETH Zürich European Central Bank Christian Gollier Vincenzo Bove and Leandro Elia Economic Development in Peacekeeping Host Countries Robert Solow University of Toulouse Massachusetts Institute of Vesa Kanniainen Corrigendum to: Defence Commitment and Deterrence in the Roger Gordon Technology Theory of War University of California, San Diego Peter Birch Sørensen Thorvaldur Gylfason University of Copenhagen University of Iceland Aaron Tornell Oliver Hart University of California, Harvard University Los Angeles Gerhard Illing LMU University of Munich David Wildasin University of Kentucky Kai A. Konrad Max Planck Institute, Munich

About CESifo Economic Studies CESifo Economic Studies aims to bridge the gap between specialised research in economics and the interest of non-specialists. A joint initiative of the University of Munich’s It publishes policy oriented articles written in a style accessible to Center for Economic Studies and the Ifo Institute all economists regardless of their specialisation

CCESIFO-64(4)Cover.inddESIFO-64(4)Cover.indd 1 112-12-20182-12-2018 15:09:3715:09:37 CESifo CESifo Economic Studies Economic Studies With the increasing specialisation in the profession, there is an urgent need for building bridges between different areas in SUBSCRIPTIONS continued economics. The economic research papers published in academic journals are becoming increasingly less accessible to those For further information, please contact: Journals Customer Service Department, Oxford University Press, Great not working in the same field. CESifo Economic Studies bridges the gap betwee