corruption, weaker property rights and especially intellectual property rights, and a larger state on entrepreneurs who plan to …

to the focal patent, as measured by later citations. We exploit random allocation of judges at the U.S. Court of Appeal …

be reformed through incremental administrative change. The police department of the state of Rajasthan, India … collaborated with researchers at US and Indian universities to design and implement four interventions to improve police … performance and the public’s perception of the police in 162 police stations (covering over one-fifth of the State’s police …

How does information technology (IT) affect the organization of police work? How does it in turn affect police crime …-fighting effectiveness? To answer these questions, we construct a new panel data set of police departments covering 1987-2003. We find that … while IT adoption had substantial effects on a wide range of police organizational practices, it had, by itself, a …

democracies from 1960 onwards. In presidential regimes, the size of government is smaller and less responsive to income shocks …

organizations primarily as a substitute for state-provided police protection and state-provided courts. These results emphasize the …

We analyze how changes in government policy affect stock prices. Our general equilibrium model features uncertainty … about government policy and a government that has both economic and non-economic motives. The government tends to change its … average. The price fall is expected to be large if uncertainty about government policy is large, as well as if the policy …

to trade and the size of its government sector. This association holds for a large cross-section of countries, in low- as … government consumption plays a risk-reducing role in economies exposed to a significant amount of external risk. When openness is … paper also demonstrates that government consumption is the ‘safe’ activity, in the empirically relevant sense, in the vast …