This review aims to redress the growing gap between the receding discourse on
bureaucracy and bureaucracy's continuing presence as the predominant organizational …

Firm heterogeneity and the allocation of resources across firms play a key role in
determining aggregate productivity. Entry barriers and misallocation can substantially impact …

Concern about environmental problems has led to more attention being paid to the
sustainable development objective. Social entrepreneurship, and entrepreneurship in …

I propose a model of international trade with liquidity constraints. If firms must pay a fixed
entry cost in order to access foreign markets, and if they face liquidity constraints to finance …

We consider a model of heterogeneous production units with endogenous entry and
productivity investment to assess the quantitative impact of policy distortions: when the …

We develop an agency model explaining why third‐party information reporting by firms
makes tax enforcement successful. While third‐party reporting would be ineffective with …

Robots may one day rule the world, but what is a robot-ruled Earth like? Many think the first
truly smart robots will be brain emulations or ems. Scan a human brain, then run a model …

This paper builds a new microdatabase that covers 100 countries at all income levels and
long-run time series in the United States (1870–2010) and Mexico (1960–2010) to …

Markups vary systematically across firms and are a source of misallocation. This paper
develops a tractable model of firm dynamics where firms' market power is endogenous and …

This paper provides new theory and evidence on the relationship between ability and
entrepreneurship. I show that there is a U-shaped relationship between the probability of …