Publications

We study the role of multinationals (MNCs) in facilitating firm-level and aggregate structural transformation. Using a stylized model of multinational...

In this paper, we explore the consequences of low nominal interest rates for credit supply, macroeconomic outcomes and policy. Using the protracted...

In the three-quarters of a century since Pakistan’s independence, parliament has adopted various laws in a bid to improve women’s legal rights. Many...

This paper investigates how consumers and investors react to the standardized disclosure of data privacy practices. Since December 2020, Apple has...

Using a representative survey of U.S. lawyers, we document a sizeable gender gap in early partnership aspirations, which explains half of the later...

The destruction of the Kakhovka Dam in June 2023 has resulted in significant economic and environmental losses. This catastrophe impacts the lives of...

The British Accounting Review, 55 (4),101171

Increased access to financial services after the expansion of banks in India improved household health outcomes.

Competitive challenges and regulatory uncertainty associated with the green transition should incentivize firms to innovate and to sway regulatory...

Investors have limited and time-varying attention. These constraints are heterogeneous across investors, which can create asymmetric information and...

In the past century, legal reforms for women’s rights improved economic and social outcomes for women and for society as a whole around the world...

In the sixty years since its independence Burundi has taken some steps to improve the legal standing of women in the economy and society. These steps...

Zimbabwe has introduced some legal reforms towards women’s rights in the first three dozen years since its independence in 1980, though these changes...

Ukraine’s tax system functions primarily on the basis of unofficial rules of tax collection. This divergence between law and practice predates Russia...