"Research has demonstrated that a Super Bowl victory increases the personal income of the individuals in the metropolitan area from which the winning teams come. We argue that the economic benefits should extend beyond just the championship team's city to the cities of teams that experience...

Including an array of distinguished contributors, this novel book fills a gap in the literature by addressing an important, yet under-researched, issue in the field of sports economics. It places great emphasis on the notion that sport is a significant component for improving the happiness,...

For almost three months beginning in late September 2014, the people of Hong Kong filled the streets of their city and made world headlines with a dramatic series of large, peaceful protests that became known as the Umbrella Movement. The protests' sparks included a June 2015 PRC State Council...

The menu-cost interpretation of sticky prices implies that the probability of a price change should depend on the past history of prices and fundamentals only through the gap between the current price and the frictionless price. We find that this prediction is broadly consistent with the...

As the primary entity responsible for new legislation, Congress is capable of enacting legislation that may affect future market returns. To examine potential effects, the percentage of the House of Representatives and Senate controlled by a political party is examined. Additionally, the effect...