Using data from the Consumer Expenditure Survey and a differences-in-differences research design, this paper examines whether any of several common state-level tort reforms affect consumer costs for auto insurance.
Ottoman rule ended with World War I, and Iraq came to be administered by the British Empire as Mandatory Iraq until the establishment of the Kingdom of Iraq in 1933. A republic was established in 1958 following a coup d'Ã©tat.
OPEC was founded in 1960 by Saudi Arabia, Iran, Iraq, Kuwait, and Venezuela with the principle objective of raising the price of oil. Other Arab nations and Third World oil producers joined in the 1960s and early 1970s.