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We investigate cross-country determinants of private credit, using new data on legal creditor rights and private and public credit registries in 129 countries. We find that both creditor protection through the legal system and information sharing institutions are associated with higher ratios of...
Persistent link: https://www.econbiz.de/10012467609
effect on non-contractible quality. The model is applied to understanding the costs and benefits of prison privatization …
Persistent link: https://www.econbiz.de/10012473090
alternative channels through which privatization promotes restructuring. Restructuring is measured as capital renovation, change …
Persistent link: https://www.econbiz.de/10012473750
government employees and contracting out to private suppliers, also known as privatization. We examine empirically how United … laws restricting county spending encourage privatization, whereas strong public unions discourage it. The evidence is … by political patronage and taxpayer resistance to government spending in the privatization decision …
Persistent link: https://www.econbiz.de/10012473773