This paper explores the labor market returns to working on a victorious political campaign. Using unique administrative … 20 years. We identify sizable returns to working for a winning campaign, especially in areas with a large informal sector … and for workers connected to newly elected challengers. The returns are concentrated in the public sector, where connected …

on the exact design of the law. Consistent with rational, risk-based pricing, the effect on returns seems to be linked to … employers from acting in bad faith have more intra-firm risk sharing and lower expected returns. Vaguer legislation that …We study the effect of wrongful-discharge laws (WDL) on firm-level stock returns. We find disparate effects depending …

with an overview of the statistical properties of asset returns at different frequencies (daily, weekly and monthly), and … considers the evidence on return predictability, risk aversion and market efficiency. The paper then focuses on the theoretical …

daily stock market returns is associated with a 0.5% increase in the number of fatal accidents. A battery of falsification … negative stock market performance influencing the number of fatal accidents, in particular among inexperienced investors, thus …

effect of psychological momentum on performance. We find that men's performance is significantly affected by psychological … line with evidence in the biological literature that testosterone, which is known to enhance performance of both men and …