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Judge Bias in Labor Courts and Firm Performance
Does labor court uncertainty and judge subjectivity influence firms’ performance? We study the economic consequences of judge decisions by collecting information on more than 145,000 Appeal court rulings, combined with administrative firm-level records covering the whole universe of French firms. The quasi-random assignment of judges to cases reveals that judge bias has statistically significant effects on the survival, employment, and sales of small low-performing firms. However, we find that the uncertainty associated with the actual dispersion of judge bias is small and has a non-significant impact on their average outcomes.
Zurabia
ZUrabia a word that makes the CIA and MI5 shudder, conjuring images of bloodlust in extremists. It is the secret code name for a deadly coalition of rogue Wall Street and Swiss bankers, as well as Arab sovereign fund managers. Together with the Islamic terrorist group called Al Quomini and European neo-Nazis, they seek to enslave the free world. One soldier in the fight for freedom is an unlikely one at least on the surface. Professor Adrian Sands, a Harvard University associate, has a shadowy past that few know. The scholar is also a trained mercenary and assassin secretly in the employ of the independent, spy agency called Z5. In an attempt to unravel the plans of ZUrabia, he partners with...
Mobilization Effects of Multilateral Development Banks
We use loan-level data on syndicated lending to a large sample of developing countries between 1993 and 2017 to estimate the mobilization effects of multilateral development banks (MDBs), controlling for a large set of fixed effects. We find evidence of positive and significant direct and indirect mobilization effects of multilateral lending on the number of deals and on the total size of bank inflows. The number of lending banks and the average maturity of syndicated loans also increase after MDB lending. These effects are present not only on impact, but they last up to three years and are not offset by a decline in bond financing. There is no evidence of anticipation effects and the results are not driven by confounding factors, such as the presence of large global banks, Chinese lending and aid flows. Finally, the economic effects are sizable, suggesting that MBDs can play a vital role to mobilize private sector financing to achieve the goals of the 2030 Development Agenda.
Home from the Vinyl Cafe
Welcome to the Vinyl Cafe. Motto: 'We May Not Be Big, But We're Small'
The Game of Love and Death
"Le jeu de l'amour et de la mort" est le morceau d'un tout, d'une grande oeuvre, "le Théâtre de la Révolution", qui prétend traduire, en "une geste dramatique", l'âme tumultueuse de la révolution française.
The Gay Parisienne
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The Gang's All Here
Arena Stage, Zelda Fichandler, producing director presents "The Gang's All Here," by Jerome Lawrence and Robert E. Lee, with Howard Wierum and the Arena Stage Acting Company, directed by F. Cowles Strickland, settings by Curtiss Cowan, lighting by Leo Gallestein, costumes by Marianna Elliott.
Gods of the Lightning
The Sacco-Vanzetti case was the play's inspiration.
