Over the past 30 years, laws in Italy have become longer, more convoluted, and frequently unintelligible even to seasoned legal professionals. This column exploits variation in the ability of lower courts to interpret poorly drafted laws in alignment with Italy’s Supreme Court of Cassation to assess how legal uncertainty affects the local economy. The authors […]
For years, the World Bank Group’s systems for measuring results operated in parallel tracks: corporate Scorecards that monitored performance through outcome-level targets, and impact evaluations that investigated what works, for whom, and why. Both were powerful in their own right—but too often disconnected. That is beginning to change. In today’s context of tighter budgets, more […]
Women are significantly underrepresented in entrepreneurship in all OECD countries, with implications not only for gender equality but also for aggregate productivity. This column uses Danish data covering nearly 800,000 individuals to demonstrate that early exposure to entrepreneurship increases the likelihood that women become entrepreneurs later in life. Moreover, the women who follow entrepreneurial pursuits […]
