MAITRE Grégory, préf. MUIR WATT Horatia, La Responsabilité civile à l?'épreuve de l?'analyse économique du droit, Paris, L.G.D.J., coll. Droit &??conomie, 2005,315 p. LE TOURNEAU Philippe, L?'??thique des affaires et du management au XXIe siècle, Paris, Dalloz, Paris, Dunod, 2000,269 p....

This paper presents a framework for differentiating between foreign acquisitions of companies that might plausibly pose a national security threat to the home country of the target acquisition and those that do not. 1 This framework originally derives from the experience of the United States....

This study investigates the relationship between debtor punishment and the development of the credit market. We empirically analyze how the level of debtor punishment relates to the credit market expansion. We find evidence that an increase in debtor punishment tends to produce a positive effect...

Salvatore Rossi’s book illustrates clearly the problems of Italian economic development, the causes of the crisis and the advantages that could accrue from a return to policies favouring competition. Also fundamental, however, are more appropriate definition of regulation models and...

This study investigates the relationship between debtor punishment and the development of the credit market. We empirically analyze how the level of debtor punishment relates to the credit market expansion. We find evidence that an increase in debtor punishment tends to produce a positive effect...

Microfinance is generally associated with high repayment rates. However, it is not clear whether the success of microfinance results only from the use of group lending or is also due to other mechanisms such as peer sanctioning or dynamic incentives induced by long-term relationships that are...

The key characteristics of the dynamic relationship between the credit market, securities market and foreign exchange market in the emerging of financial cycle in Ukraine have outlined. It is shown that the strong interrelations between the concerned segments of the financial market there...

Can a bank increase its profi…t by subsidizing inactivity? This paper suggests this may occur, due to the presence of hidden information, in a monopolistic credit market. Rather than offering credit in a pooling contract, a monopolist bank can sort borrowers through an appropriate subsidy to...

We assess the credit market impact of allowing mortgage “strip-down” as a foreclosure-prevention measure, where strip-down reduces the principal of underwater residential mortgages to the current market value of the property for homeowners in Chapter 13 bankruptcy. Our identification is...