politicians, both with theory and data. The theory is based on a version of the career concerns model of political agency with … implications of the theory and identify the causal effect of larger federal transfers on political corruption and the observed … features of political candidates at the municipal level. In accordance with the predictions of the theory, we find that larger …

This paper combines different strands of the productivity literature to investigate the effect of idiosyncratic (firm …-country differences in key economic outcomes, such as productivity or output per capita, to differences in policies and institutions that … determinants of productivity at the firm level and the evolution of the distribution of productivity across firms within each …

points) is identified. The theory predicts war to be more likely when resource and group concentration are high, and the …

geographic location for inter-State conflict. The main predictions of the theory are that conflict tends to be more likely when …

This paper builds a theory of the distribution of TFP across countries. The theory is based on the hypothesis that TFP … the world, each country invests in TFP and internalizes the dynamic effects of its investments, while ignoring any effects … on others. Small symmetric idiosyncratic shocks can lead to large long-run differences in TFP levels and the world TFP …