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 …

Political identity and partisanship are salient features of today's society. Using deeds records
and voter rolls, we show that current residents are more likely to sell their homes when …

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 …

We examine the characteristics of the individuals who become entrepreneurs when local
opportunities arise. We identify local demand shocks by linking fluctuations in global …

Republicans start more firms than Democrats. In a sample of 40 million party-identified
Americans between 2005 and 2017, we find that 6% of Republicans and 4% of Democrats …

Executive teams in US firms are becoming increasingly partisan. We establish this new fact
using political affiliations from voter registration records for top executives of S&P 1500 firms …

Executive teams in US firms are becoming increasingly partisan. We establish this new fact
using political affiliations from voter registration records for top executives of S&P 1500 firms …

We conduct a field experiment in partnership with the largest job platform in Brazil to study
how environmental, social, and governance (ESG) practices of firms affect talent allocation …

We study the political behavior of family firms, the most prevalent corporate structure across
the developing world. We argue that family firms are more politically active because their …

Abstract Following the June 24, 2022 Dobbs v. Jackson Supreme Court ruling, which
overturned the federal right to abortion established in Roe v. Wade, hundreds of employers …