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Although the homo oeconomicus model has considerable predictive power with regard to the operation of the law the …
Persistent link: https://www.econbiz.de/10010296909
also discusses the efficiency of trust and the role of the law in separating trustworthy from non trustworthy people. …
Persistent link: https://www.econbiz.de/10010296910
Die gängige Begründung – basierend auf der bahnbrechenden Arbeit Rokkans – dafür, dass ein spezifisches Wahlsystem bevorzugt wird, ist, dass die Verhältniswahl („proportional respresentation“ oder „PR“) von einer zersplitterten Rechte eingeführt wurde, um ihre Klasseninteressen...
Persistent link: https://www.econbiz.de/10010307104
This paper addresses the potential tension between two broadly stated policy objectives: the preservation of distinctive cultural traditions, often through the mechanism of formal legal rights, and the fostering of civic virtue, a sense of local community and the advancement of common civic...
Persistent link: https://www.econbiz.de/10011325120
Since its inception in 1995, more than 330 disputes have been raised under the WTO Dispute Settlement System. The major players in world trade - the EU and the USA - are also the busiest users of this instrument. After looking at links between economic integration and WTO involvement and a...
Persistent link: https://www.econbiz.de/10011345406
federal law is equal in both regions which allows us to investigate the effect of cultural differences on corporate governance …
Persistent link: https://www.econbiz.de/10011390668
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