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This paper investigates how tax rates and tax enforcement jointly impact fiscal capacity in low‐income countries. We study a policy…
We utilize over 100 million declassified Red Army personnel records from World War II to study how state repression shapes soldiers'…
We use data from Reserve Bank of India to study the impact of India’s Golden Quadrilateral (GQ) highway project on finance-dependent…
June 2024, Paper: "We study sovereign external debt crises over the past 200 years, with a focus on creditor losses, or “haircuts”. Our…
June 2024, Paper: "No one is satisfied with the U.S. health system. In 2022, 26 million Americans were uninsured (Keisler-Starkey et al.,…
June 27, 2024, Paper: "Prior literature on the informational role of credit rating agencies has largely focused on announcements by the…
We use a general open-economy wedge-accounting framework to characterize the set of shocks that can account for major exchange rate puzzles…