labor regulation of partners because intraindustry trade was important. The New World exported less differentiated products …The received view pins the adoption of labor regulation before 1914 on domestic forces. Using directed dyad-year event …

' trading and participation decisions. Our model predicts that regulation that protect prices will lead to fragmentation and …

This paper sets forth a discussion framework for the information requirements of systemic financial regulation. It …

, there is significant variation in the cross-section of stock returns of large banks across the world during that period. We …-level governance, country-level governance, country-level regulation, and bank balance sheet and profitability characteristics before …

the heterogeneity of the effect of entry, contract enforcement regulation, and financial development on both the decision … the level of regulation and financial development and some individual characteristics that are important determinants of … entrepreneurship, such as gender, business skills, and social networks. We find that entry regulation moderates the effect of business …

Regulation consists of rulemaking and enforcement. Economic theory offers two complementary rationales for regulating … arise in multi- party relationships and that regulation introduces opportunities to impose rules that enhance the welfare of … discretion and choose actions for the common good. Agency-cost theories portray regulation as a way to raise the quality of …

In a cross-section of countries, government regulation is strongly negatively correlated with social capital. We … document this correlation, and present a model explaining it. In the model, distrust creates public demand for regulation …, while regulation in turn discourages social capital accumulation, leading to multiple equilibria. A key implication of the …