This paper uses an unbanked industry to study the impact of government certification on financial access and growth. Marijuana is considered illegal by the Federal law resulting in high financial access costs. I exploit a unique experiment by Washington State that significantly lowered such...

Casinonomics provides a comprehensive analysis of the economic and social impacts of the casino industry. Examining the latest cutting-edge research, with a mix of theory and empirical evidence, Casinonomics informs the reader on the most important facets at the forefront of the public policy...

Introduction -- PART I: Economic benefits from commercial casinos -- Casinos and economic growth -- Gambling, consumer behavior, and welfare -- Misconceptions about casinos and economic growth -- Analysis of the relationship between casinos and economic growth -- Recent evidence on casinos and...