We present new data on the regulation of entry of start-up firms in 85 countries. The data cover the number of procedures, official time, and official cost that a start-up must bear before it can operate legally. The official costs of entry are extremely high in most countries. Countries with...

200 million children globally do not meet their potential for growth, and suffer the consequences in terms of future health, education and earnings. There is a well-established literature on the effects of in utero environment on later health in the US and Europe; however, there is less research...

Rare events and long-run risks are two types of risks that significantly affect asset markets. A vast amount of literature investigates them separately. Here I identify them simultaneously from a rich data set and evaluate their contributions to asset pricing in a unified framework. Using the...

Recent research has documented large differences among countries in ownership concentration in publicly traded "rms, in the breadth and depth of capital markets, in dividend policies, and in the access of "rms to external "nance. A common element to the explanations of these di!erences is how...

This document provides an introduction to the use of Stata. It is designed to be an overview rather than a comprehensive guide, aimed at covering the basic tools necessary for econometric analysis. Topics covered include data management, graphing, regression analysis, binary outcomes, ordered...