This study aims to examine the effects of Targeted subsidies public firms on their performance in Tehran Stock Exchange. The hypotheses of this paper examine the significance of the relationship between Targeted subsidies, asset return, stockholders equity, and stock return. To test research...

We estimate the causal real economic effects of a randomized anticorruption crackdown on local governments in Brazil over the period 2003-2014 using rich micro-data on corruption and firms. After anti-corruption audits, municipalities experience an increase in economic activity concentrated in...

While the COVID-19 pandemic had a large and asymmetric impact on firms, many countries quickly enacted massive business rescue programs which are specifically targeted to smaller firms. Little is known about the effects of such policies on business entry and exit, factor reallocation, and...

While the COVID-19 pandemic had a large and asymmetric impact on firms, many countries quickly enacted massive business rescue programs which are specifically targeted to smaller firms. Little is known about the effects of such policies on business entry and exit, factor reallocation, and...

This paper reviews some of the most popular policy evaluation methods in empirical microeconomics: social experiments, natural experiments, matching, instrumental variables, discontinuity design, and control functions. It discusses identification of traditionally used average parameters and more...

This paper provides practical techniques to policymakers for evaluating the potential economic effects of a Free Trade Agreement (FTA). To this end, the paper discusses how to apply three methods: (i) trade indicators, (ii) SMART (Software for Market Analysis and Restrictions on Trade) in WITS...