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Foundations of Welfare Economics and Product Market Applications
McFadden, Daniel L. - 2017
A common problem in applied economics is to determine the impact on consumers of changes in prices and attributes of marketed products as a consequence of policy changes. Examples are prospective regulation of product safety and reliability, or retrospective compensation for harm from defective...
Persistent link: https://www.econbiz.de/10012953513
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Advertising Spending and Media Bias : Evidence from News Coverage of Car Safety Recalls
Beattie, Graham - 2017
Do news media bias content in favor of advertisers? We examine the relationship between advertising by auto manufacturers in U.S. newspapers and news coverage of car safety recalls. This context allows us to separate the influence of advertisers, who prefer less coverage, from that of readers,...
Persistent link: https://www.econbiz.de/10012945600
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Product Recalls and Firm Reputation
Jovanovic, Boyan - 2022
Product-recall data and information on stock-price reactions to recalls are used to estimate the value of reputation in a model in which product quality is not contractible. A recall is the result of a product defect that signals low effort. The recall triggers a reduction in the firm's product...
Persistent link: https://www.econbiz.de/10013404778
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Committee Jurisdiction, Congressional Behavior and Policy Outcomes
de Figueiredo, John M. - 2011
empirically investigate these results examining proposed Internet intellectual property protection legislation in the 106th …
Persistent link: https://www.econbiz.de/10013123305
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Legislating Stock Prices
Cohen, Lauren - 2012
In this paper we demonstrate that legislation has a simple, yet previously undetected impact on firm stock prices … firms any given piece of legislation will affect, and how it will affect them. By observing the actions of legislators whose … constituents are the affected firms, we can gather insights into the likely impact of government legislation on firms. Specifically …
Persistent link: https://www.econbiz.de/10013102187
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The Trouble with Cases
Schauer, Frederick - 2010
For several decades now a debate has raged about policy-making by litigation. Spurred by the way in which tobacco, environmental, and other litigation has functioned as an alternative form of regulation, the debate asks whether policy-making or regulation by litigation is more or less socially...
Persistent link: https://www.econbiz.de/10013151132
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Effects of Venue-Specific State Clean Indoor Air Laws on Smoking-Related Outcomes
Bitler, Marianne P. - 2010
A large literature has documented relationships between state clean indoor air laws (SCIALs) and smoking-related outcomes in the US. These laws vary within states over time and across venues such as schools, government buildings, and bars. Few studies, however, have evaluated whether the effects...
Persistent link: https://www.econbiz.de/10013151383
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Term Length and Political Performance
Dal Bo, Ernesto - 2010
We evaluate the effects of the duration of legislative terms on the performance of legislators. We exploit a natural experiment in the Argentine House of Representatives where term lengths were assigned randomly. Results for various objective measures of legislative output show that longer terms...
Persistent link: https://www.econbiz.de/10012758131
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Lifting the Curse of Dimensionality : Measures of the Labor Legislation Climate in the States During the Progressive Era
Fishback, Price V. - 2010
One of the most difficult problems in the social sciences is measuring the policy climate in societies. Prior to the 1930s the vast majority of labor regulations in the U.S. were enacted at the state level. In this paper we develop several summary measures of labor regulation that document the...
Persistent link: https://www.econbiz.de/10012758595
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Predictability and Power in Legislative Bargaining
Ali, Syed Nageeb - 2014
This paper examines the relationship between the concentration of political power in legislative bargaining and the predictability of the process governing the recognition of legislators. Our main result establishes that, for a broad class of legislative bargaining games, if the recognition...
Persistent link: https://www.econbiz.de/10013056192