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 …

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 …

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 …

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 …

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 …

-country variation in lease duration and building construction is related to the content (common versus civil law) and efficiency … (integrity and enforceability) of the legal system in the respective countries. First, we find that countries with a common law … system and lower levels of corruption tend to have longer leases. Second, we find that in the United States, high-rise Class …

; (3) the interactive effects of history and law are important in reducing corruption levels; (4) the size of government …This study asks why corruption is increasing in European countries and what are the most important factors that explain … such corruption? Although corruption scandals, speeches and reports indicate that corruption persists in European countries …

We study how natural resources can feed corruption and how this effect depends on the quality of the democratic … institutions. Our game-theoretic model predicts that resource rents lead to an increase in corruption if the quality of the … countries to test this theoretical prediction. Our estimates confirm that the relationship between resource rents and corruption …

This paper examines whether countries with higher income have less corruption. Earlier studies, utilizing pure cross …-section regressions, establish a strong association between income and corruption but do not consider factors (presumably, long … for such factors, we show that the statistical association between income and corruption disappears. …

We study how natural resources can feed corruption and how this effect depends on the quality of the democratic … institutions. Our game-theoretic model predicts that natural resources lead to an increase in corruption if the quality of the … corruption depends on the quality of the democratic institutions. In particular, resource abundance is positively associated with …