This paper investigates the effects of increased cash dividend payout, and of quot;forced realizations~ of capital … United States, Great Britain, and Canada suggests that higher dividend tax rates lower consumption. This is consistent with …

This paper tests several competing hypotheses about the economic effects of dividend taxation. It employs British data … on security returns, dividend payout rates, and corporate investment, because unlike the United States, Britain has … experienced several major dividend tax reforms in the last three decades. These tax changes provide an ideal natural experiment …

There are two commonly accepted views about command-and-control (CAC) environmental regulation. First, CAC delivers … examine India's experience and find evidence that CAC policies achieved substantial environmental benefits at a relatively low … cost. Constructing an establishment-level panel from 1998 to 2009, we find that the CAC regulations imposed by India …

In collaboration with a state environmental regulator in India, we conducted a field experiment to raise the frequency … these results and recover the full costs of environmental regulation, we model the regulatory process as a dynamic discrete … costs of environmental regulation are largely reserved for extremely polluting plants. Applying the cost estimates to the …

results suggest reformed incentives for third-party auditors can improve their reporting and make regulation more effective …

and marketed a rainfall index insurance product across three states in India. Marketing agricultural insurance to both … the insurance market (which is the current regulatory practice in India and other developing countries), makes wage …

years of state commission regulation. Examples of an adaptive response pattern on the part of regulators, firms and …

quantitative estimates of the consequences of government regulation. We estimate the impact of restricting gender-based pricing in …

We provide causal evidence that regulation induced product shocks significantly impact aggregate demand and firm … receiving expedited review are more likely to suffer from regulation induced product shocks. Thus, it appears we may be trading …