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...

In this paper I explore the flexibility of the work week in the United States, using the FIFA Soccer World Cup as a natural experiment. My empirical strategy exploits the exogenous variation that arises due to which country hosts the World Cup, as this will determine the time games are broadcast...

In this paper I explore the flexibility of the work week in the United States, using the FIFA Soccer World Cup as a natural experiment. My empirical strategy exploits the exogenous variation that arises due to which country hosts the World Cup, as this will determine the time games are broadcast...

In this paper I explore the flexibility of the work week in the United States, using the FIFA Soccer World Cup as a natural experiment. My empirical strategy exploits the exogenous variation that arises due to which country hosts the World Cup, as this will determine the time games are broadcast...

Are people prone to selecting occupations with highly skewed income distributions despite minuscule chances of success? Assembling a comprehensive pool of potential teenage entrants into professional tennis (a typical winner-take-all market), we construct objective measures of relative ability...

The negative correlation between female employment and fertility in industrialized nations has weakened since the 1960s, particularly in the United States. We suggest that the continuing influx of low-skilled immigrants has led to a substantial reduction in the trade-off between work and...

In recent years securities markets have become increasingly interconnected, and securities fraud frequently crosses borders. The United States' well-developed private enforcement mechanism for securities fraud is very attractive to investors around the world who are harmed by transnational...

With globalization, securities markets have become increasingly interconnected, and securities fraud frequently crosses borders, creating problems for national regulators seeking to deter and punish fraud. The United States' well-developed private enforcement mechanism for securities fraud is...

This essay discusses recent development of the Court of Justice of the European Union (ECJ) on lawfulness of the use of the gender factor in calculation of insurance premiums and benefits. After summarizing effective regulation of the United States and the European Union, the essay provides not...

The Introduction posted here is from the author's book on "Tax Free Trade Zones of the World and in the United States" (Edward Elgar Publishing, 2012), posted on SSRN by permission of the author and publisher.Within the last few years small and large international companies in all corners of the...