Although workers, employers, and insurance companies by 1910 supported the adoption of workers' compensation, they fiercely debated the specific features of the legislation. In this paper we examine how workers' compensation benefit levels were determined in the political process of forging...

This paper analyzes the run on Continental Illinois in 1984. We find that the run slowed but did not stop following an extraordinary government intervention, which included the guarantee of all liabilities of the bank and a commitment to provide ongoing liquidity support. Continental's outflows...

This paper analyzes the run on Continental Illinois in 1984. We find that the run slowed but did not stop following an extraordinary government intervention, which included the guarantee of all liabilities of the bank and a commitment to provide ongoing liquidity support. Continental's outflows...