-sharing, screening opportunities, and competition are important driving forces behind these new forms of work organization. We document … competition substantially fosters the trust strategy, reduces market segmentation, and leads to large welfare gains for both …

We formulate a model to explain why the lack of political competition may stifle economic performance and use the … political competition have quantitatively important effects on state income growth, state policies, and quality of Governors. By … our bottom-line estimate, the increase in political competition triggered by the Voting Rights Act raised long-run per …