This paper concerns single-firm event studies, which are especially important in the context of securities litigation. Event studies can be used to address directly the materiality and loss causation elements.
In November, fifteen nations signed the Regional Comprehensive Economic Partnership (RCEP), a free trade agreement of economic and political significance eight years in the making. Why have some heralded RCEP as a landmark agreement?
The ability to telecommute at the start of the COVID-19 pandemic saved many workers' jobs. Some of them are now returning to their workplaces, but most who can telecommute continue to do so. Telecommuting is also spreading to such occupations as health care and sales. Are these changes likely to persist after the pandemic?
The economic downturn during the pandemic is affecting women workers measurably harder than men. There were 2.2 million fewer women in the labor force in October 2020 than there were last October. Investing in childcare and expanding labor laws could keep women employed and buoy the entire economy.
As Chinese influence in the Indo-Pacific increases, U.S. allies and partners are adapting their strategic posture. But even as a key U.S. ally, South Korea seems different. How is Beijing’s growing influence in regional affairs affecting relations between South Korea and China? And what effect do they have on U.S. policy in the Indo-Pacific?
Young Syrian women refugees face enormous challenges in finding meaningful work in host countries, with many relying on humanitarian aid to meet their basic needs. How can employment obstacles be addressed for young Syrian women refugees in a post–COVID-19 environment?
Added to long-standing challenges such as securing child care and combating pay disparities, the economic downturn due to the COVID-19 pandemic has hit women workers measurably harder than men. The consequences highlight just how much policy has failed to keep up with women's progress.
A workforce development system that supports Puerto Rico's economic development requires a K through postsecondary education system that emphasizes individuals' career pathways and aligns training with the evolving labor market and business needs.
This study disentangled the effects of moral hazard from health plan selection. Our estimates imply that 53% of the additional medical spending observed in the most generous plan in our data relative to the least generous is due to adverse selection.
RAND's Shanthi Nataraj draws on key findings from the RAND American Life Panel to explore how the pandemic is affecting Americans' physical and mental health, their daily lives, and their financial well-being.
The United States has been declining in foreign policy achievements for two decades. Skeptics need to be persuaded that working for a more peaceful and prosperous world is in America's national and their personal interest. And sustained public support for international engagement requires cooperation across party lines.
By most measures, the workers hardest hit by pandemic shutdowns were those in the leisure and hospitality sector, which includes arts, entertainment, recreation, accommodation, and food services. These jobs, which are still affected by government social distancing regulations, are not all likely to come back before the pandemic truly ends.
Through literature reviews, interviews, and case studies, researchers reviewed recent U.S. Air Force experience in using other transactions for prototype projects (OTs), identifying lessons for acquisition professionals and improvements for use.
The Los Angeles Combined Statistical Area reported more than 270,000 job cuts between March and early August. Considering which industries have cut jobs may provide a window into the area's unique labor market and help explain how the area currently has among the highest unemployment in the nation.
The 2007–08 financial crisis made regulators and lawmakers acutely aware that some financial institutions had become too big to fail. The next big economic crisis may arise outside the financial sector, in highly networked companies that are too interconnected to fail.