This paper develops a simple theoretical framework to study a set of regions, each with its own regional government …, who share a union or central government. These governments must decide whether to implement or discard a large number of … are insensitive to externalities. The key observation here is that the union government is insensitive to local benefits …

This paper employs a new empirical approach for identifying the impact of government spending on the private sector … impact of government spending on private sector economic activity …

infant mortality, and government regulation of teenage smoking. My review is selective and is based on my own research. It is … neutral with respect to the question of whether the government should pursue policies to improve the health of its citizens …

successes and the problems arising from local government activity in China …

decrease child mortality in sub-Saharan Africa. There is, however, widespread concern that poor governance and in particular …

Is greater trading liquidity good or bad for corporate governance? We address this question both theoretically and … information concerns her own plans for taking an active role in governance. We show that an increase in the liquidity of the firm … governance. Empirical tests using three distinct sources of exogenous variation in liquidity confirm the negative relation …

interest payments after the call date. We find that municipalities in states with poor governance generally destroy the most …