Mikael Homanen, 15 October 2018

Bank creditors have non-financial preferences too, and may withdraw deposits as a form of discipline. This column shows that protests against the Dakota Access Pipeline that targeted investor banks caused significant decreases in deposit growth, and global data suggest that this type of reaction to bank-specific scandals is widespread.

Matthias Doepke, Fabrizio Zilibotti, 12 October 2009

Rich-country governments and consumer groups pressure poor countries to discourage child labour through boycotts and international labour standards. Yet child labour continues unabated. This column suggests international activism may be partially to blame, because reducing the use of child labour in the formal sector decreases domestic pressures to prohibit it throughout the economy.

Andrew Hughes Hallett, Kerstin Bernoth, John Lewis, 14 April 2008

Many studies have shown fiscal policy to be pro-cyclical, leading some analysts to conclude that policymakers are incompetent or ill-intentioned. But new research using real-time data – the information policymakers had when making their fiscal policy decisions – shows that policymakers are merely misinformed.

Events

CEPR Policy Research