Anya Nakhmurina

I am an Associate Professor at Yale. I study the information environment of U.S. municipalities and natural capital accounting.

[Anya Nakhmurina @Annut]

Publishing data from https://t.co/ThjB0MqELm

In this paper, we find that systematic changes in corporate governance regulation help explain the spread of shareholder activism worldwide.

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[Yale School of Management @YaleSOM]

When govts stop publishing public notices in newspapers, citizens disengage. Research from Prof. Anya Nakhmurina @Annut found meeting attendance dropped up to 18% & construction permits surged 35% after Florida weakened its newspaper notice requirement. https://t.co/tWseCHnzsJ

[Anya Nakhmurina @Annut]

Our results suggest that investors could help close part of this gap by aligning their municipal bond investments with conservation actions, generating positive returns while restoring biodiversity.

[Anya Nakhmurina @Annut]

Very happy that my work with Dale Manning and Eli Fenichel on the fiscal impact of biodiversity loss and a pathway for conservation finance is out in Science today.

https://t.co/RWHoAtj4Mg

[Anya Nakhmurina @Annut]

These findings matter beyond bats. The Kunming-Montreal Global Biodiversity Framework identifies a $700 billion annual biodiversity funding gap.

[Anya Nakhmurina @Annut]

Link to the paper: https://t.co/AgaNPhDpNT

[Anya Nakhmurina @Annut]

When governments stop publishing notices in newspapers, does anyone notice?

We study Florida's 2023 public notice law, the first modern law allowing municipalities to post notices on county websites instead of newspapers.

https://t.co/tdWbIjABkK

[Anya Nakhmurina @Annut]

Consistent with this, cities with access to county notice websites issued significantly more commercial zoning permits after the reform than cities that continued newspaper publication.

[Anya Nakhmurina @Annut]

Bottom line: Partisanship doesn't just move spreads. It changes how financial information gets interpreted in the muni bond market. It also has consequences for public investment.

[Anya Nakhmurina @Annut]

Excited to see (w/ Ramona Dagostino) printed in @JOARChiBooth!

TLDR: In an era of rising polarization, partisanship isn't just about policy disagreements. When cities and governors are on opposite sides of the partisan divide, it costs those cities. 🧵

https://t.co/EqImEJryTQ

[Anya Nakhmurina @Annut]

How do we pin this down? We focus on cities that never switch parties. So when alignment changes, it's because a new governor took office, not because the city changed. City fixed effects absorb any time-invariant differences between D and R cities. (See the paper for details)