In a coordinated effort to curb tax evasion, governments systematically exchange information about bank accounts with foreign owners. We study the compliance effects of the policy in the context of South Africa using information reports on one million foreign bank accounts linked to income and...

This paper examines the relationship between Mormon temples and county-level poverty rates in the United States. The Mormon church teaches that obedience to the law of tithing, which requires members to donate 10% of their income, can break the cycle of poverty. Using the presence of a temple as...

Stablecoin issuers can become subject to runs just like banks. This is because, in the absence of adequate regulation, issuers are incentivised to hold disproportionate amounts of high-yielding but illiquid assets in their reserve portfolios. The value of such reserve assets may be overly...