Vranken, Liesbet; Macours, Karen; Noev, Nivelin; … - In: Journal of Comparative Economics 39 (2011) 2, pp. 159-175
This paper analyzes how imperfections of property rights affect households' allocation of assets using micro-survey data from Bulgaria. Co-ownership of assets is widespread in many countries due to inheritance. Central and Eastern Europe offers an interesting natural experiment to assess the...