Colonnelli, Emanuele; Lagaras, Spyridon; Ponticelli, Jacopo - National Bureau of Economic Research - 2022
government using randomized audits of public procurement in Brazil. On average, firms exposed by the anti-corruption program grow … details of thousands of corruption cases, through which we uncover a large heterogeneity in our firm-level effects depending … on the degree of involvement in corruption cases. Using investment-, loan-, and worker- level data, we show that the …