This study examines the impact of transportation infrastructure on corporate innovation. This topic is important because transportation infrastructure represents one of the major types of government spending and innovation is crucial for economic growth at both firm- and national levels. To shed...

Recent years have seen a sustained decline in the labor share around the world. This paper studies this trend by focusing on the effect of corporate income taxes on firm-level labor shares. From 2010 to 2013, the Chinese central government cut the corporate income tax rate in 21 cities for...