Firm-level data across 36 countries suggests that shareholder protection laws do mitigate the adverse consequences of banking crises by allowing stock markets to act as an alternative source of financing.
After being randomly assigned to a performance-based incentive structure, tax officials in Pakistan had significantly higher levels of revenue collection. This result suggests a potential solution to the widespread corruption and low collection rates of tax authorities in developing countries.
Although primarily concerning health policy, the ACA’s aftershocks could ripple through the labor market. Recent research suggests increased public health insurance may decrease employment.
A new study measures intergenerational social mobility in the US, estimating the probability that a child born at a low rung of the income ladder can reach the top. The authors find that social mobility has remained stable in the US for the last 30 years.
A new study finds that Chapter 13 Bankruptcy increases annual income, decreases five-year foreclosure rates points, and decreases five-year mortality.
New research finds that misinformation plays a significant role in the brand choices of consumers for most healthcare items and pantry staples, concluding that marketing and advertising campaigns have a negative impact on consumer welfare.
Foreign companies that cross-list on US stock exchanges can make substantial financial gains from adopting US corporate governance practices yet firms overwhelmingly choose to opt out, suggesting substantial private opportunity costs from stricter regulations.
New research finds that potential welfare gains from trade liberalization are likely highly underestimated because international trade statistics fail to capture the true economic impact of tradable services.
Researchers establish a possible connection between rising wage inequality and city size.
The main culprit for China’s gender gap expansion in the early 1980s might have been the post-Mao land reform rather than the One Child Policy.