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. It uses data collected after pioneering works on the law-finance nexus to assess hypotheses resulting there-from in the …This paper assesses how legal-origin influences financial development through regulation quality and the rule of law … policy implications results support the benefits of law channels to financial development in the continent. …
Persistent link: https://www.econbiz.de/10009325560
intermediary channels of depth, efficiency, activity and size. Findings show that legal origin matters in the finance …
Persistent link: https://www.econbiz.de/10009369629
investor protection law on firm financing decisions and investment activity. Regression estimates indicate that the passage of … of investor protection law is also associated with improvements in operating performance and market valuations …
Persistent link: https://www.econbiz.de/10005061664
collected to investigate the burden each worker will have to bear in the future in order to finance pension and health care … provisions. If the private side of the system is based, exclusively or mainly, on the insurance pooling, is there any substantial … difference between Europe and Us, with respect to future challenges. Is insurance pooling really different from pay …
Persistent link: https://www.econbiz.de/10011108591
In this paper attempt has been made to analyze the conditions and possibilities for Self-Reliance Micro-Finance (SRMF …), and propose a Thar Micro-Finance Bank (TMFB) and suggest implications. This study is about Tharparkar but concept is …
Persistent link: https://www.econbiz.de/10005837277
2000, we find that although improvements in education and health care outcomes account for a sizable portion of the total …
Persistent link: https://www.econbiz.de/10011258769
in the Caribbean. The purpose of this paper is to assess the efficacy of public spending on health care and education by …
Persistent link: https://www.econbiz.de/10011108431
This paper reports on the design of a novel two-stage mechanism, based on strictly proper scoring rules, that motivates selfish rational agents to make a costly probabilistic estimate or forecast of a specified precision and report it truthfully to a centre. Our mechanism is applied in a setting...
Persistent link: https://www.econbiz.de/10011112666
This theoretical note examines the usefulness of the Pigouvian tax policy in dealing with negative production externalities and in improving social welfare in a small developing economy. A two-sector, full-employment general equilibrium model with exogenous labour market imperfection is used for...
Persistent link: https://www.econbiz.de/10011212786
The paper purports to examine the rationale in subsidizing healthcare in the developing economies solely from the standpoint of economic growth with the help of a three-sector, full-employment small economy model with exogenous labour market imperfection and a non-traded sector providing...
Persistent link: https://www.econbiz.de/10011271333