The Gap between Law and Practice in Pakistan’s Gender Reform
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...
The Supply and Demand for Data Privacy: Evidence from Mobile Apps
This paper investigates how consumers and investors react to the standardized disclosure of data privacy practices. Since December 2020, Apple has...
Gender Promotion Gaps: Career Aspirations and Workplace Discrimination
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 cost of the Kakhovka Dam destruction
The destruction of the Kakhovka Dam in June 2023 has resulted in significant economic and environmental losses. This catastrophe impacts the lives of...
Volatility and dark trading: Evidence from the Covid-19 pandemic
The British Accounting Review, 55 (4),101171
The role of finance in improving household health
Increased access to financial services after the expansion of banks in India improved household health outcomes.
Environmental Lobbying, Innovation, and the Green Transition
The competitive challenges and regulatory uncertainty associated with the green transition incentivize firms to both innovate and influence...
Timing Complex News to Target Attention
Investors have limited and time-varying attention. These constraints are heterogeneous across investors, which can create asymmetric information and...
The gap between law and practice in gender rights
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...
The Halting Gender Reforms in Burundi
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...
Research highlight
Why Do Boards Exist? Governance Design in the Absence of Corporate Law
Review of Financial Studies, 36 (5),1788–1836
Gender Legal Reform in Zimbabwe: Wanting
Zimbabwe has introduced some legal reforms towards women’s rights in the first three dozen years since its independence in 1980, though these changes...
Towards a new tax system in Ukraine
Ukraine’s tax system functions primarily on the basis of unofficial rules of tax collection. This divergence between law and practice predates Russia...
Gender Legal Reforms in Zambia: Motivated by International Conventions
In 2023, Zambia ranked 17th among African countries on the World Bank’s Women Business and the Law index, a notable decline over a half century. The...
Does Board Size Matter?
This paper uses legal board size requirements to test whether board size affects firm performance and value. Since 1976, the minimum size of German...
Informality as an Anti-Measure of Prosperity
In developing economies, the informal sector can account for upwards of 60% of GDP and over 90% of employment. The data show wide disparity in...
