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This paper investigates whether inherited legacies such as legal origin allow of explaining deforestation in 110 developed and developing countries. The hypothesis is that differences in deforestation between countries can be attributed to their legal systems. Also, since nearly all common law...
Persistent link: https://www.econbiz.de/10009211255
This paper aims at giving an explanation of the changes in the number of bankruptcies during the second part of the 19th century and the beginning of the 20th. We wonder in particular whether changes in bankruptcy law, which are substantial during the period, suffice to explain the rise in the...
Persistent link: https://www.econbiz.de/10010738788
In this paper, we try to measure the impact of the changes in French bankruptcy law in the 19th century focusing on the behaviour of economic agents as users of bankruptcy law for the sake of finding the best solution to their economic problems. Debtors used bankruptcy law in order to minimize...
Persistent link: https://www.econbiz.de/10010739071
This paper considers an international sample of venture capital and private equity funds to assess the role of law …
Persistent link: https://www.econbiz.de/10009369656
linkbetween contributions and benefits has an impact on the level of capital per capita if and only if there are inequalities of …
Persistent link: https://www.econbiz.de/10009643779
This empirical analysis aims at assessing the effect of the economic climate and the intensity of capital utilisation … on companies' capital retirement behaviour. It is conducted using individual company data, as well as original data on … database is, to our knowledge, unique for the empirical analysis of the intensity of capital utilisation on firms' capital …
Persistent link: https://www.econbiz.de/10009353871
This note shows that, with pre-set price and capital decisions of firms facing uncertainty and financial market … imperfections, price, mark up and the expected degree of capacity utilization (resp. capital) decreases (resp. increases) with the …
Persistent link: https://www.econbiz.de/10010750432
In this paper we examine the impact of tied aid on capital accumulation and welfare in the presence of a quota on … and therefore reduce the stock of capital. In the presence of a strong production externality from capital accumulation …
Persistent link: https://www.econbiz.de/10010750921
This paper attempts to document and account for the long run evolution of inheritance. We find that in a country like France the annual flow of inheritance was about 20%-25% of national income between 1820 and 1910, down to less than 5% in 1950, and back up to about 15% by 2010. A simple...
Persistent link: https://www.econbiz.de/10010738844
juste valeur. Le " Framework " de l'IASB définit le capital de l'entreprise comme étant monétaire ou physique. Chacune de … ces conceptions du capital conduit à retenir des conventions d'évaluation adaptées pour la juste valeur des actifs et …
Persistent link: https://www.econbiz.de/10008876937