This paper analyzes mortgage terminations using a national individual loan data set for the 1986 to 1992 period. The standard option choice-theoretic framework is supplemented with variables to proxy for non-option related termination determinants. Separate multinomial logit models are estimated...

Modern corporations have increasingly been adopting a decentred, layered, and multi-jurisdictional form as a strategy of boundary manipulation known amongst tax lawyers and accountants as "regulatory arbitrage". The argument we put forward in this article is that the scholarly work that treats...