Wooster, Rossitza B.; Gallet, Craig A. - In: Contemporary Economic Policy 23 (2005) 2, pp. 211-223
This article uses daily data on stock returns of five U.S. publicly traded cigarette producers to document the wealth effects of antismoking policies initiated in the period 1964 to 1971. The authors find significant abnormal returns across 23 dates corresponding to important regulatory events....
