We examine the effect of securities laws on stock market development in 49 countries. We find little evidence that public enforcement benefits stock markets, but strong evidence that laws mandating disclosure and facilitating private enforcement through liability rules benefit stock markets.

140 countries have adopted bans on exports of antiquities, in part because these are seen as needed to protect cultural heritage for future generations. However, if enforcement is imperfect, export bans may be counterproductive, spurring the growth of a black market trade which can damage...

The main goal of this paper is to present an account of certain forms of cliticization in Polish. I will try to show that the fact that certain clitics undergo phonological processes typically assumed to be lexical does not exclude the possibility of them being generated in the syntax, hence...

We present new data on the regulation of entry of start-up firms in 85 countries. The data cover the number of procedures, official time, and official cost that a start-up must bear before it can operate legally. The official costs of entry are extremely high in most countries. Countries with...