We estimate the causal real economic effects of a randomized anti-corruption crackdown on
local governments in Brazil using rich micro-data on corruption and firms. After anti …

This paper establishes the presence of political corruption in court and identifies a novel
channel—interfering with court decisions—through which local corrupt politicians provide …

Exploiting China's anti-corruption campaign, we show that following a decrease in
corruption, firm performance improves. Small and young firms benefit more. We identify the …

We conduct a large-scale, nondeceptive field experiment to elicit preferences for
government participation in China's venture capital and private equity market. Our main …

This study investigates the influence of corruption on firms' green innovation activities in the
context of Chinese listed firms during a period from 2007 to 2017. We find that the firms …

We study a financial inclusion policy targeting Brazilian cities with low bank branch
coverage using data on the universe of employees from 2000–2014. The policy leads to …

I provide evidence that US firms in more corrupt areas have lower investment expenditure
than firms in less corrupt areas. A one standard deviation increase in corruption rate is …

We exploit spatial variation in randomized anti-corruption audits related to government
procurement contracts in Brazil to assess how corruption affects resource allocation, firm …

Government audits have been shown to discourage corruption where audits have taken
place. However, audits may also discourage public spending, either because bureaucrats …

We examine how foreign corruption regulation affects the economic benefits communities
receive from extraction activities in the resource-rich areas of Africa. After a mid-2000s …