regulation on the probability of a crisis. We test this relationship by applying a Probit model of a non-linear specification to …: it rises as regulation stringency moves from low to medium levels and falls from medium to high levels. Countries located …

enforcement (conviction rates) and enforcing institutions. Results based on data for more than 80 countries show that piecemeal … institutions by strengthening the rule of law or regulatory quality bear greater results. Thus, when it comes to corruption control …, strong gums (institutions) are more effective than showing teeth (enforcement employment) or the bite (conviction rates). …

Is human capital a robust predictor of good institutions? Using a new institutional quality measure, the International …

new de facto indicator for the rule of law. It is the first such indicator to take the quality of legal norms explicitly … all. Our empirical evidence does, however, support not only the "primacy of institutions" view, but also the important …

-colonial autocratic institutions within ethnic groups and the emergence of autocratic institutions across countries. Diversity has … amplified the importance of institutions in mitigating the adverse effects of non-cohesiveness on productivity, while … contributing to the scope for domination, leading to the formation of institutions of the autocratic type. …

In this paper we study how differences in the quality of countries' institutions affect the impact of natural hazards in … output distance frontier model to assess two important aspects of the relation-ship between institutions and hazard impacts … institutions of higher quality indeed correlate with higher disaster relief efficiencies. Most important are indicators of good …

Cryptocurrencies are often thought to operate out of the reach of national regulation, but in fact their valuations … securities law have the greatest adverse effect, followed by news on combating money laundering and the financing of terrorism … results suggest that cryptocurrency markets rely on regulated financial institutions to operate and that these markets are …

Import regulations are globally the most prevalent form of intervention in international trade. The regulations should … policy. Country diversity in use of regulations supplements our estimates in suggesting producer-protecting intent. We look …