This study employs administrative tax return and audit data to examine the effects of IRS enforcement policies targeted at corporations with at least $10 million in assets. We find that C corporations strategically bunch below the $10 million asset threshold from 2004 to 2013. Using variation in...

The proponents of decentralization argue that it improves economic growth by increasing government efficiency and accountability. However, the critics argue that decentralization increases regional inequality by increasing the differences in institutional capacities and socio-economic endowments...