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For those looking to design policies that mitigate the deleterious consequences of alcohol abuse, understanding how consumer demand for alcohol responds to changes in the local economic conditions is of great importance. We use high-frequency purchase data from a large panel of U.S. households...
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Credit from suppliers is an important source of finance for firms. It can sustain firms' financial flexibility even in periods of downturn. In this study, using a large database of 90,763 Italian firms in the 2015-2021 period, we investigated how local financial development affects the trade...
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March and July 2021, we elicit willingness to act against fraud and corruption in the provision of health services by … the COVID-19 peak in their state of residence, we find evidence of a large and significant increase in anti-corruption … activism post peak. Our data suggest that this surge in activism can be attributed to heightened perceptions of corruption in …
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During the ongoing financial crisis the analysis of similar historical crises has gained more and more attention among economic researchers and forecasters. Existing studies, however, do not tackle the immense heterogeneity that is present in cross-country samples in a formal and consistent way....
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Since 2008, financial firms have paid, in aggregate, in excess of $320 billion in fines related to misconduct. Nearly ten years later, while many large financial firms have increased their attention to bad behavior and cultural drivers, the degree of commitment and progress in these efforts has...
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