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construct a measure of the efficiency of debt enforcement in each country. We identify several characteristics of debt … enforcement procedures, such as the structure of appeals and availability of floating charge finance, that influence efficiency …. Our measure of efficiency of debt enforcement is strongly correlated with per capita income and legal origin and predicts …
Persistent link: https://www.econbiz.de/10012465852
In cooperation with Lex Mundi member law firms in 109 countries, we measure and describe the exact procedures used by litigants and courts to evict a tenant for non-payment of rent and to collect a bounced check. We use these data to construct an index of procedural formalism of dispute...
Persistent link: https://www.econbiz.de/10012469824
In China, local governments have actively contributed to the growth of new firms. In Russia, local governments have typically stood in the way, be it through taxation, regulation, or corruption. There appears to be two main reasons behind the behavior of local governments in Russia. First,...
Persistent link: https://www.econbiz.de/10012471154
Djankov et al. (2003a) propose and measure for 109 countries in the year 2000 an index of formalism of legal procedure for two simple disputes: eviction of a non-paying tenant and collection of a bounced check. For a sub-sample of 40 countries, we compute this index every year starting in 1950,...
Persistent link: https://www.econbiz.de/10012725576
construct a measure of the efficiency of debt enforcement in each country. We identify several characteristics of debt … enforcement procedures, such as the structure of appeals and availability of floating charge finance, that influence efficiency …. Our measure of efficiency of debt enforcement is strongly correlated with per capita income and legal origin and predicts …
Persistent link: https://www.econbiz.de/10012760474
In China, local governments have actively contributed to the growth of new firms. In Russia, local governments have typically stood in the way, be it through taxation, regulation, or corruption. There appears to be two main reasons behind the behavior of local governments in Russia. First,...
Persistent link: https://www.econbiz.de/10014151262
Persistent link: https://www.econbiz.de/10013423937
In cooperation with Lex Mundi member law firms in 109 countries, we measure and describe the exact procedures used by litigants and courts to evict a tenant for non-payment of rent and to collect a bounced check. We use these data to construct an index of procedural formalism of dispute...
Persistent link: https://www.econbiz.de/10014075175
Persistent link: https://www.econbiz.de/10003803395
Persistent link: https://www.econbiz.de/10003407300