Showing 1 - 10 of 16
of law. It employs all the dimensions identified by the FinancialDevelopment and Structure Database of the World Bank …. The law channels are instrumentedwith legal origins to account for financial intermediary dynamics of depth, efficiency …, activityand size. The results broadly support the benefits of law mechanisms in financial development.The findings only show …
Persistent link: https://www.econbiz.de/10010739953
finance. It is a natural extension of "Law and finance: why does legal origin matter?" by Thorsten Beck, Asli Demirgüç …) hypotheses that English common-law countries tend to have better developed financial intermediaries than French civil-law …
Persistent link: https://www.econbiz.de/10011390770
This paper assesses how legal origin influences financial development through regulation quality and the rule of law …. It employs all the dimensions identified by the Financial Development and Structure Database of the World Bank. The law … size. The results broadly support the benefits of law mechanisms in financial development. The findings only show partial …
Persistent link: https://www.econbiz.de/10011390772
This paper cuts adrift the mainstream approach to the legal-origins debate on the law-growth nexus by integrating both … overall economic and human components in our understanding of how regulation quality and the rule of law lie at the heart of … growth and human development beyond the mechanisms of law. Our results support the current consensus that, English common-law …
Persistent link: https://www.econbiz.de/10011390773
This paper assesses if legal origin explains domestic, foreign, private and public investments through financial intermediary channels of depth, efficiency, activity and size. The findings show that legal origin matters in the finance-investment nexus, though its ability to explain aggregate...
Persistent link: https://www.econbiz.de/10011390776
Contrary to mainstream consensus on the dominance of English common law countries in investment prospects, this paper … sets a new tone in the legal origins debate by providing empirical validity on the dominance of French civil-law countries … in private investment. The assessment is based on 38 African countries for the period 1996-2007. The law mechanisms of …
Persistent link: https://www.econbiz.de/10011390777
components in the development of the continent: law, democracy and quality of government. Political regimes of democracy, polity …-stability, regulation quality and rule of law. Findings indicate democracy has an edge over autocracy while the later and polity overlap. A …
Persistent link: https://www.econbiz.de/10011390781
components in the development of the continent: law, democracy and quality of government. Political regimes of democracy, polity …-stability, regulation quality and rule of law. Findings indicate democracy has an edge over autocracy while the later and polity overlap. A …
Persistent link: https://www.econbiz.de/10011410343
Contrary to mainstream consensus on the dominance of English common law countries in investment prospects, this paper … sets a new tone in the legal origins debate by providing empirical validity on the dominance of French civil-law countries … in private investment. The assessment is based on 38 African countries for the period 1996-2007. The law mechanisms of …
Persistent link: https://www.econbiz.de/10011410380
This paper assesses if legal origin explains domestic, foreign, private and public investments through financial intermediary channels of depth, efficiency, activity and size. The findings show that legal origin matters in the finance-investment nexus, though its ability to explain aggregate...
Persistent link: https://www.econbiz.de/10011410386