The EU's 2019 Insolvency Directive increases debt holders' control over bankruptcy reorganization proceedings, mirroring recent trends in U.S. Chapter 11. Critics, however, claim that too few insolvent firms use similar procedures to avoid liquidation. This view has remained unchallenged, as...

Numerous government policies have attempted to keep workers out of the workplace, on the assumption that this will lower transmission of COVID-19. We test that assumption, measuring the effect of aggregate workplace absence on US COVID deaths at the county level through August. Instrumenting...

Numerous government policies have attempted to keep workers out of the workplace, on the assumption that this will lower transmission of COVID-19. We test that assumption, measuring the effect of aggregate workplace absence on US COVID deaths at the county level through August. Instrumenting...