This paper analyzes the important, yet often ignored, link between capital adjustment and the choice of fuels used by manufacturing firms. A novel econometric framework, which explicitly incorporates heterogeneous fuel-using capital stocks in the estimation of optimal fuel choice, is applied to...

This research explores the relationship between laws that discriminate on the basis of gender and the probability that a female-owned business begins operating in the informal sector. This is achieved by tracing the origins of formal businesses surveyed in the World Bank Enterprise Surveys and...

This research analyzes the evolution of maternity and paternity leave across the world, covering 190 countries over 52 years. The data show striking differences both within and between countries in how leave distribution for parents upon the birth of a child has evolved. The study finds that,...