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The effects of capital controls on firm-level stock returns and real investment in Brazil are investigated. Research by Laura Alfaro, Anusha Chari, and Fabio Kanczuk.
Created in the 1930s, outlet stores allowed retailers to dispose of unpopular items at fire-sale prices. Today, outlets seem outmoded and unnecessary--stores have bargain racks, after all. Donald K. Ngwe explains why outlets still exist.
Individuals are more likely to break rules if they have been led to expect that achieving high levels of performance will be easy rather than difficult, even if breaking rules means behaving unethically. Research by Celia Moore, S. Wiley Wakeman, and Francesca Gino.
Yes, addressing climate change will be expensive, but not nearly as much as the costs of delaying action, argues Rebecca Henderson.
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