incentives

Fear of Punishment Distorts Bank Financial Reporting

When bank employees are afraid of punishment from regulators, they are likely to conceal information about their faulty decisions. This in turn distorts the...

What Are They Hiding? What Firms Don’t Want Us to Know About Their Economic Development Incentives

State and local governments offer firms all kinds of incentives in hopes of spurring local economic development. New research finds that a specific group...

Who Benefits From Competitive State-Level Legislatures?

A new paper finds that when interparty competition in state legislatures is high, well-connected and influential incumbent firms are best able to take advantage...

From Most No-Brainer to Most Complicated: A List of Policy Proposals to Mitigate the Virus’ Impact

Policymakers need to figure out which sectors we wish to keep up and running (food, health care), which sectors we want to contract rapidly...

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