Showing 1 - 10 of 62
Why has the expansion of women's economic and political rights coincided with economic development? This paper investigates this question, focusing on a key economic right for women: property rights. The basic hypothesis is that the process of development (i.e., capital accumulation and...
Persistent link: https://www.econbiz.de/10008528542
We analyze the relationship between legal institutions, innovation and growth. We compare a rigid (law set ex-ante) legal system and a flexible one (law set after observing current technology). The flexible system dominates in terms of welfare, amount of innovation and output growth at...
Persistent link: https://www.econbiz.de/10009148877
of the state's extractive technology. We posit further that this extractive technology is determined by the transparency … transparency of the new farming technology. We then apply our theory to explain key institutional features that distinguished …
Persistent link: https://www.econbiz.de/10009283392
all participants but with ambiguity (partial transparency). We show that, in theory, both communication strategies are … reducing the degree of transparency. We run a laboratory experiment to test whether theoretical predictions hold in a game … either communication strategy. This paper, however, makes a case for partial transparency rather than partial publicity …
Persistent link: https://www.econbiz.de/10009399195
This paper examines the over-the-counter (OTC) interest rate derivatives (IRD) market in order to inform the design of post-trade price reporting. Our analysis uses a novel transaction-level data set to examine trading activity, the composition of market participants, levels of product...
Persistent link: https://www.econbiz.de/10010551295
As a result of a large number of food scandals, societal interest in transparency in the food sector has grown … address. Hence, the creation of transparency in the production process has been the focus of the legislation. In this context … foods. This is intended as a response to the general call for more transparency or a "gläserne Produktion ". It has not been …
Persistent link: https://www.econbiz.de/10008693348
Remarks at the Center for Transnational Legal Studies Seminar on the Impact of U.S. Regulatory Reform on Global Banks, New York City.
Persistent link: https://www.econbiz.de/10010724960
Remarks at the C. Peter McColough Series on International Economics, Council on Foreign Relations, New York City.
Persistent link: https://www.econbiz.de/10010724997
Remarks at the Swiss National Bank-International Monetary Fund Conference, Zurich, Switzerland.
Persistent link: https://www.econbiz.de/10010725045
Opening remarks at the Global Association of Risk Professionals Forum, New York City.
Persistent link: https://www.econbiz.de/10010725050