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It has been argued that procedural formalism undermines economic efficiency by fostering rent-seeking and corruption. We challenge this view by arguing that a number of judicial procedures foster economic growth by increasing the predict-ability of court decisions, which leads to more...
Persistent link: https://www.econbiz.de/10003866068
We study changes in the form of government as an example of endogenously determined constitutions. For a sample of 202 countries over the period 1950-2006, we find that most changes are relatively small and roughly equally likely to be either in the direction of more parliamentarian or more...
Persistent link: https://www.econbiz.de/10008695545
This paper studies correlates and determinants of direct democracy institutions (DDIs), such as referendums and initiatives, based on the premise that constitutions themselves are endogenous. Our sample covers as many as 132 countries from 1950 to 2006. We find that the likelihood that a country...
Persistent link: https://www.econbiz.de/10010458116
De jure judicial independence (JI) is the single most important predictor of de facto JI. In this paper, we describe under what conditions countries are likely to include JI in their constitutions. We describe and analyze both their original choice in this regard as well as change over time...
Persistent link: https://www.econbiz.de/10008758890
We study the long-term and dynamic relationship between de jure and de facto judicial independence using a large panel dataset covering 50 countries over a period of 50 years. Our analysis shows a negative relationship between these variables, a sharp contrast to the prevailing theoretical view...
Persistent link: https://www.econbiz.de/10011927768
An independent judiciary has often been hailed as one of the most important aspects of the rule of law. Securing judicial independence (JI) via explicit constitutional rules seems straightforward and there is evidence that de jure and de facto JI are linked, at least in the long term. However,...
Persistent link: https://www.econbiz.de/10012543372
Persistent link: https://www.econbiz.de/10014471322
Persistent link: https://www.econbiz.de/10001244269
This paper provides background information on, and basic descriptive statistics for, a representative survey of the German population conducted on my behalf by GfK in December 2021. The survey covers various topics having to do with inflation and monetary policy, including: 1) inflation...
Persistent link: https://www.econbiz.de/10013168978
This paper provides background information on, and basic descriptive statistics for, a representative survey of the German population conducted on my behalf by GfK in December 2022. It replicates a survey done in December 2021. The main difference affecting answers lies in the different time of...
Persistent link: https://www.econbiz.de/10014310316