Plausibly Exogenous [717] - Anti-Bribery (01/05/2022)
LHS Variable
Regulatory enforcement of foreign bribery via Foreign Corrupt Practices Act (FCPA) enforcement
RHS Variable
Political incentives
Source of Exogenous Variation
Variation in the timing and geographic location of U.S. Congressional elections
- Cohen and Li (2021), “The Political Economy of Anti-Bribery Enforcement”