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We investigate the relation between existing fiscal rules and investments in the context of a fiscal crisis in Brazil … not closely related to fiscal rules in Brazil but is mainly determined by fiscal conditions both at national and …
Persistent link: https://www.econbiz.de/10012586295
Brazil has had a long period of high inflation. It peaked around 100 percent per year in 1964, decreased until the … indexation in accounting for the unique features of inflation dynamics in Brazil. …
Persistent link: https://www.econbiz.de/10012008408
Persistent link: https://www.econbiz.de/10008667050
This paper addresses the conditions for setting up strict civil liability schemes. For that it compares the social … efficiency of two main civil liability regimes usually enforced to protect the environment: the strict liability regime and the … "capped strict liability scheme". First, it shows that the regulator faces an effective dilemma when he has to enforce one of …
Persistent link: https://www.econbiz.de/10008903426
regulated by strict liability schemes. Strict liability induces judgment-proof possibilities. Two civil liability regimes are … then compared: a strict liability scheme and a capped strict liability one. The argument is led under a twofold asymmetric … wealth. The paper shows that standard strict liability under information asymmetries deters the efficient agent to compete …
Persistent link: https://www.econbiz.de/10008735714
liability regimes in tort law: rule of negligence and strict liability. Starting from the standard Shavellian unilateral … accident scheme, I show that matching up liability regime on their capacity to provide the highest level of safety is … associated to the burden of evidence, the fairness between victims and injurers, etc. -- Strict Liability ; Negligence Rule …
Persistent link: https://www.econbiz.de/10009506385
Flood damage assessments are often based on Stage-Damage Curve (SDC) models that estimate economic damage as a function of flood characteristics, typically flood depths, and land use. SDCs are developed through site-specific analysis but rarely adjusted to economic circumstances in areas to...
Persistent link: https://www.econbiz.de/10011391820
and State liability for acts not prohibited by international law to effectively deal with L&D. The paper concludes by …
Persistent link: https://www.econbiz.de/10010419920
from the view point of the general cost of impact prevention policy and civil liability. It assesses on a theoretical basis …, how civil liability rules may induce or discourage the extension of nuclear parks to new emergent operators. It compares … decentralized one (one operator by station) depends on the condition of application of the legal civil liability regime and on the …
Persistent link: https://www.econbiz.de/10008934645
-takers concerning their potential legal liability for negligence. …
Persistent link: https://www.econbiz.de/10011451290