Showing 1 - 10 of 14
empirically investigate these results examining proposed Internet intellectual property protection legislation in the 106th …
Persistent link: https://www.econbiz.de/10013123305
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
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
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
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
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
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
We develop a theory of taxation and the distribution of government spending in a citizen-candidate model of legislatures. Individuals are heterogeneous in two dimensions: productive ability in the private sector and negotiating ability in politics. When these are positively correlated, rich...
Persistent link: https://www.econbiz.de/10012928313
In this paper, we study the extent to which social connections influence the legislative effectiveness of members of the U.S. Congress. We propose a new model of legislative effectiveness that formalizes the role of social connections and generates simple testable predictions. The model predicts...
Persistent link: https://www.econbiz.de/10013233350
While the theoretical literature on non-cooperative legislative bargaining has grown voluminous, there is little empirical work attempting to test a key prediction in this literature: proposal power is valuable. This paper aims to fill this gap in the literature by investigating the role of...
Persistent link: https://www.econbiz.de/10013233902