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The United States has long been a country of prohibitions, with the most memorable prohibition in American history being the ban on alcohol sales in 1920, which lasted until the ratification of the 21st Amendment to the U.S. Constitution. While the federal ban on alcohol has long since been...
Persistent link: https://www.econbiz.de/10012826059
The COVID-19 pandemic shut down sporting events worldwide. Local policy makers and league officials face important decisions about restarting play, especially in professional leagues that draw large numbers of spectators to games. We analyze the impact of professional sporting events on local...
Persistent link: https://www.econbiz.de/10013230159
The Internal Revenue Service recently overturned 90 years of United States foreign and tax policy by finalizing and codifying its efforts to report interest income earned at domestic banks for accounts held by nonresident aliens. While the IRS felt its need to collect the data and revenue...
Persistent link: https://www.econbiz.de/10013065292
We examine the effect of medical marijuana laws (MML) on crime treating the introduction of MML as a quasi …-experiment and using three different data sources. First, using data from the Uniform Crime Reports, we find that violent crimes such … drug-related violent crime and drug trafficking. Extrapolating, our results indicate that decriminalization of the …
Persistent link: https://www.econbiz.de/10014152073
formation, and reproductive externalities. -- Altruism ; spite ; externalities ; conformity ; fixation ; signalling …
Persistent link: https://www.econbiz.de/10003811816
exposed to external investments. The objective of the proposed two-sector model with environmental externalities is to provide … the two typologies of actors. -- Foreign Direct Investments ; Environmental Negative Externalities ; Structural Changes …
Persistent link: https://www.econbiz.de/10008746858
In this paper we argue that authorities aid cooperation by means ofdirect coordination or the enforcement of re-commitment devices suchas contract laws.Credible threats of violence allow this role. In alocal interaction model, an authority forms if mutually connected individuals with sufficient...
Persistent link: https://www.econbiz.de/10011302150
positive externalities. Without subsidization, so the story reads, there would be an underinvestment in higher education. This … paper shortly reviews theoretical arguments as well as empirical evidence on externalities. It is found that evidence on … positive externalities is quite limited. What is more, evidence on negative externalities of higher education has been mainly …
Persistent link: https://www.econbiz.de/10010338372
distress ex-post. If fire-sale liquidation imposes negative externalities on their peers, then firms can be collectively better …
Persistent link: https://www.econbiz.de/10013034519
We examine the impact of legalized casino gambling, including Indian casinos, on crime. Using county-level data between … 1994 and 2009, the impact that casino legalization had on crime is examined. Our results show an increase in crime … associated with casinos in some circumstances, but not others. Crime impact results are quite sensitive to data, sample periods …
Persistent link: https://www.econbiz.de/10009727724