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Is Public Equity Deadly? Evidence from Workplace Safety and Productivity Tradeoffs in the Coal Industry
Gilje, Erik P.; Wittry, Michael D. - National Bureau of Economic Research - 2021
We study how ownership structure, in particular public listing status, affects workplace safety and productivity tradeoffs. Theory offers competing hypotheses on how listing related frictions affect these tradeoffs. We exploit detailed asset-level data in the U.S. coal industry and find that...
Persistent link: https://www.econbiz.de/10012533347
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War, Influenza, and U.S. Carbon Intensity
Muller, Nicholas Z. - National Bureau of Economic Research - 2022
Carbon intensity from fossil fuel use in the United States economy peaked in 1917. World War I ended, and the Spanish Flu pandemic broke out one year later in 1918. This paper contends that these events, coupled with associated turmoil in the domestic coal industry, were largely responsible for...
Persistent link: https://www.econbiz.de/10013388878
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Regulatory Costs of Being Public : Evidence from Bunching Estimation
Ewens, Michael; Xiao, Kairong; Xu, Ting - National Bureau of Economic Research - 2021
. Consistent with firms seeking to avoid costly regulation, we document significant bunching around multiple regulatory thresholds …
Persistent link: https://www.econbiz.de/10012616591
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Designing Fuel-Economy Standards in Light of Electric Vehicles
Gillingham, Kenneth - National Bureau of Economic Research - 2021
Electric vehicles are declining in cost so rapidly that they may claim a large share of the vehicle market by 2030. This paper examines a set of practical regulatory design considerations for fuel-economy standards or greenhouse gas standards in the context of highly uncertain electric vehicle...
Persistent link: https://www.econbiz.de/10012599357
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The Local Residential Land Use Regulatory Environment Across U.S. Housing Markets : Evidence from a New Wharton Index
Gyourko, Joseph - 2019
regulated to reverse course and deregulate to any significant extent. Moreover, regulation in most large coastal markets …
Persistent link: https://www.econbiz.de/10012480517
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Revenue or Reciprocity? Founding Feuds over Early U.S. Trade Policy
Irwin, Douglas A. - 2009
The Constitution of 1787 was designed to give Congress powers over trade policy that it lacked under the Articles of Confederation. The Washington administration was split over whether to use these powers to raise revenue or to retaliate against Britain's discriminatory trade policies. Obsessed...
Persistent link: https://www.econbiz.de/10012463506
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Pharmaceutical Industry, Drug Quality and Regulation : Evidence from US and Italy
Atella, Vincenzo - 2008
This paper examines the relationship between drug price and drug quality and how it varies across two of the most common regulatory regimes in the pharmaceutical market: minimum efficacy standards (MES) and a mix of minimum efficacy standards and price control mechanisms (MES+PC). Through a...
Persistent link: https://www.econbiz.de/10012464081
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The Political Economy of Financial Regulation : Evidence from U.S. State Usury Laws in the 19th Century
Benmelech, Efraim - 2007
We investigate the causes and consequences of financial regulation by studying the political economy of U.S. state … affected by rate ceilings. Exploiting the heterogeneity across states and time in regulation, enforcement, and market … conditions, we find that regulation tightens when it is less costly and when it coexists with other economic and political …
Persistent link: https://www.econbiz.de/10012465805
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Health Plan Payment in U.S. Marketplaces : Regulated Competition with a Weak Mandate
Layton, Timothy - 2017
The Affordable Care Act Marketplaces were introduced in 2014 as part of a reform of the U.S. individual health insurance market. While the individual market represents a small slice of the U.S. population, it has historically been the market segment with the lowest rates of take-up and greatest...
Persistent link: https://www.econbiz.de/10012455237
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Cost of Service Regulation in U.S. Health Care : Minimum Medical Loss Ratios
Cicala, Steve - 2017
service regulation. Using variation created by the rule's introduction as a natural experiment, we find claims costs rose …
Persistent link: https://www.econbiz.de/10012455328