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Economic theory asserts that, in general, the only cases going to trial should be cases with unpredictable outcomes … cases before trial. I test this theory using a dataset of decisions from the U.S. Courts of Appeals over a six-year period …
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Economic growth is below what would be needed to resume rapid convergence to average OECD living standards. On-going efforts to improve the business climate are laudable, but need to be widened and strengthened. Much progress has been achieved in reducing red tape, but it is only recently that...
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hypotheses derived from the theory. …
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hypotheses derived from the theory. …
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