This paper uses event study methods to estimate wealth effects upon shareholders who are named by the U.S. Environmental Protection Agency (EPA) as potentially responsible parties at a Superfund site. Impacts appear to be divided into three periods: an initial program period where stock market...

The standard capital market event study is used to measure Japanese firm-specific effects resulting from action taken by the US in response to alleged dumping of Japanese imports in US markets. Empirical findings are that winners and losers in the process differ predictably from each other and...

We expand the investigation of the role of Congress in explanations of government growth, building on the work of Kau and Rubin (2002). In addition to reconsidering the importance of the median ideological position of elected representatives they introduced, we allow for the roles of majority...

The discovery of the principle of comparative advantage was a complex process involving two generations of economists. This paper examines the contributions of Torrens, Ricardo, James Mill and John Stuart Mill. It argues that James Mill's Elements (1821) and not Ricardo's principles (1817) is...