This paper provides evidence on the effect of fiscal stimulus on economic activity in countries with different degrees of institutional quality. The identification strategy makes use of data on military expenditure to instrument government consumption using local lineal projections as presented...

Results-based aid (RBA) models link funds to outcomes, rather than paying for inputs. Despite their theoretical appeal and recent adoption by donors and multilateral development banks, there is limited empirical evidence supporting this form of aid for national governments. We estimate the...

Political trust is foundational to democratic legitimacy, representative governance, and the provision of effective public policy. Various shocks can influence this trust, steering countries onto positive or negative trajectories. This study examines whether natural disasters can impact general...

We estimate the community-level impact of foreign aid projects on women's empowerment in the country with the most complete recent record of geo-coded aid project placement, Malawi. Our estimates can thus be interpreted as the average impact of aid from many different donors and diverse...

The literature identifies a significant drop in merger control enforcement activity on both sides of the Atlantic during the last decade. Furthermore, this drop in enforcement activity is convincingly connected to enforcement problems on the sides of the competition agencies. This paper goes...