We analyze Texas Shootout clauses within an independent private values framework and characterize shareholders' preferences over proposer and chooser roles. While the mechanism can generate efficiency gains relative to the status quo, asymmetries in role payoffs may deter shareholders from...

This technical assistance report summarizes the findings from the IMF Fiscal Affairs Department’s September 2025 mission to Phnom Penh, aimed at renewing engagement with the General Department of Customs and Excise (GDCE) and shaping the FY2026 capacity development workplan. Against the...

Since the turn of the century, few issues have shaped political debate and policy-making more than terrorism. As a result, there has been a huge increase in the amount of academic research devoted to investigating the causes and consequences of terrorism. This handbook presents a state-of-the...

Cameroon has made significant progress towards achieving Universal Health Coverage (UHC) in recent decades, however, significant opportunities for improvement remain. Between 2000 and 2021, the country’s UHC Service Coverage Index doubled from 22 to 441. Yet Cameroon lags behind the average...

The Strategic Roadmap for Carbon Market and Climate Finance in the Forest Sector, tailored for each of the Congo Basin countries (Cameroon, Central African Republic, Democratic Republic of Congo, Equatorial Guinea, Gabon, and the Republic of Congo), provides a comprehensive, country-specific...

This study examines campus affinity card agreements under the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act, focusing on how portfolio size, new account openings, and institutional governance affect issuer payments. Using cross sectional data from 6145 issuer institution...

We study how health insurance deductibles affect healthcare spending and health using a regression discontinuity design and administrative data from the Netherlands. Exploiting an annual deductible reset, we compare patients admitted to the emergency room just before and after January 1....