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Based on unique Swedish historical panel data on voluntary Swedish sick insurance societies 1902-1910, we test the hypothesis od economies of scale in sick insurance provision. We report results indicating that pure insurance societies charging only premium ex ante do not exhibit returns to...
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The report on the workshop Measuring Law and Institutions highlights two topics. One is the World Bank governance …; different legal traditions are supposed to influence economic performance. Civil law tradition is closer to constructivist top …-down regulation of society, whereas common law is closer to liberal order, based on independent individual decisions. The workshop …
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