Previous studies find state lottery sales are significantly influenced by socioeconomic characteristics of the population. We extend this literature by examining how the overall expected value, the top prize, and the total combinations influence sales after controlling for these other...

We find that presidential and congressional influences affect the rate of disaster declaration and the allocation of FEMA disaster expenditures across states. States politically important to the president have a higher rate of disaster declaration by the president, and disaster expenditures are...

We find that presidential and congressional influences affect the rate of disaster declaration and the allocation of FEMA (Federal Emergency Management Agency) disaster expenditures across states. States politically important to the president have a higher rate of disaster declaration by the...

If such a pandemic were to be anything like the Spanish Flu of the early 20th century, expect not only tens of millions of deaths worldwide but also a blow to the world economy in the hundreds of billions of dollars.

The forced sale of homes for private development usually results in a zero-sum gain and may actually hinder development in the area, economists have found.

Proponents of such mass transit recite a litany of benefits, but the cost to taxpayers is high.>

This paper compares Social Security benefits relative to those paid from private investments: specifically, whether 2003 retirees would gain more retirement income if they had invested their payroll taxes in private accounts during their working years. Three different retirement ages and four...