We study the determinants of international migration with special attention to the role of institutional factors other than economic and demographic fundamentals. We evaluate the impact of political institutions and of those institutions specifically targeted at attracting migrants. For a...

A key issue in the design of a legal system is the choice of the mechanism aggregating preferences over the level of deterrence. While under Case law appellate judges’ biases offset one another at the cost of volatility of precedents, under Statute law the Legislator chooses certain rules that...