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- W4313410152 abstract "This paper studies an anticorruption policy—corporate debarment, or blacklisting—to understand how disclosing illicit corporate practices and the sanctions for these practices affect firm and worker outcomes. Exploiting a policy change in Brazil that imposed stricter penalties for corrupt firms, I find that debarment is associated with a sizable decline in employment and an increase in the probability of exiting the formal sector. I also document that workers’ annual earnings fall after debarment. The impacts are driven by lost revenues from government contracts. The results shed light on the costs to workers in weighing the consequences of corruption crackdown. (JEL D73, E26, H57, H83, J31, K42, O17)" @default.
- W4313410152 created "2023-01-06" @default.
- W4313410152 creator A5012000891 @default.
- W4313410152 date "2023-01-01" @default.
- W4313410152 modified "2023-09-26" @default.
- W4313410152 title "The Employee Costs of Corporate Debarment in Public Procurement" @default.
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- W4313410152 doi "https://doi.org/10.1257/app.20200669" @default.
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