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The paper outlines a general framework for statistical legislation. The implications of statistical legislation for the whole statistical system, as well as for centralized versus decentralized statistical systems, are addressed. The general framework is spelled out by identifying "essential"...
Persistent link: https://www.econbiz.de/10005826011
Recent studies on the relationship between financial development and poverty have been inconclusive. Some claim that, by allowing more entrepreneurs to obtain financing, financial development improves the allocation of capital, which has a particularly large impact on the poor. Others argue that...
Persistent link: https://www.econbiz.de/10009293779
, particularly when the descriptive and prescriptive norms conflict. The next main question is the expressive role of law. The … "community standards" are also what shapes social judgements and moral sentiments. Setting law thus means both imposing material … expressive law, determining in particular when a weakening or a strengthening of incentives is called for. Pushing further this …
Persistent link: https://www.econbiz.de/10009646323
of institutions and the rule of law. We find that when businesses are faced with onerous regulation, inconsistent …
Persistent link: https://www.econbiz.de/10009654165
, economics, or law. Due to oversubscription of business, the university assigns the field of the paper in a standardized way that … important component of the first-year curriculum that varies between students involves a multi-term research paper in business …
Persistent link: https://www.econbiz.de/10010531709
, economics, or law. Due to oversubscription of business, the university assigns the field of the paper in a standardized way that … important component of the first-year curriculum that varies between students involves a multi-term research paper in business …
Persistent link: https://www.econbiz.de/10011269603
when the descriptive and prescriptive norms conflict. The next main question is the expressive role of law. The choices of … also what shapes social judgements and moral sentiments. Setting law thus means both imposing material incentives and … analysis, combining an informed principal with individually signaling agents, makes precise the notion of expressive law …
Persistent link: https://www.econbiz.de/10010282313
corruption (such as a weak enforcement of the law) in order to alter future policy decisions in their favor. This result …
Persistent link: https://www.econbiz.de/10004999974
Many official groups have endorsed the wider use by emerging market borrowers of contract clauses which allow for a qualified majority of bondholders to restructure repayment terms in the event of financial distress. Some have argued that such clauses will be associated with moral hazard and...
Persistent link: https://www.econbiz.de/10005248328