Fiscal competition has been in the news ever since the OECD launched a campaign against “harmful tax competition” in 1996. Nor is it likely to disappear any time soon. Instead, it is likely to intensify, as more and more governments resort to lower taxes to stimulate their economies. Is all...

This paper combines different strands of the productivity literature to investigate the effect of idiosyncratic (firm-level) policy distortions on aggregate outcomes. On the one hand, a growing body of empirical research has been relating cross-country differences in key economic outcomes, such...

In a pro-male biased society, brothers may reduce the parental investment received by female siblings, if parents face time or financial constraints. But brothers may also cause positive externalities. Using more than 12,000 firstborn twins from a highly sex-imbalanced economy, Taiwan, we test...

Son-preferring parents tend to continue to have babies until a son's birth. After deciding the set of children, the parents with resource constraints may divert family sources from daughters to a son. Thus, the presence of a son, relative to a daughter, have 2 distinct effects on his sister's...

This paper combines different strands of the productivity literature to investigate the effect of idiosyncratic (firm-level) policy distortions on aggregate outcomes. On the one hand, a growing body of empirical research has been relating cross-country differences in key economic outcomes, such...