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Decoding the Code of Civil Procedure: Do Judiciaries Matter for Growth?
Chemin, Matthieu - Centre Interuniversitaire sur le Risque, les Politiques … - 2007
This paper attempts to measure the causal impact of the speed of judiciaries on economic activity by using two novel instrumental variables measuring judicial procedural ambiguity and complexity. First, I find that temporally exogenous conflicting judicial decisions taken in India due to the...
Persistent link: https://www.econbiz.de/10005015285
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The Impact of the Judiciary on Economic Activity
Chemin, Matthieu - Centre Interuniversitaire sur le Risque, les Politiques … - 2007
-specific investments, impedes firms' access to formal financial institutions, and favours inefficient dynasties. Moving a firm from the …
Persistent link: https://www.econbiz.de/10005015318
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Does Judicial Quality Shape Economic Activity? Evidence from a Judicial Reform in India
Chemin, Matthieu - Centre Interuniversitaire sur le Risque, les Politiques … - 2007
This paper investigates the impact of judiciaries on firms' contracting behaviour and economic performance. In 2002, the Code of Civil Procedure Amendment Act was enacted in India to facilitate speedy disposal of civil suits. Some State High Courts hal already enacted some of the amendments...
Persistent link: https://www.econbiz.de/10005015327
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Equilibrium Wage Arrears: A Theoretical and Empirical Analysis of Institutional Lock-In
Earle, John S.; Sabirianova, Klara Z. - Institute for the Study of Labor (IZA) - 2000
We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...
Persistent link: https://www.econbiz.de/10005822557
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Access to justice and entrepreneurship: evidence from Brazil’s Special Civil Tribunals
Lichand, Guilherme; Soares, Rodrigo R. - Departamento de Economia, Pontifícia Universidade … - 2011
Entrepreneurship is usually indentified as an important determinant of aggregate productivity and long-term growth. The determinants of entrepreneurship, nevertheless, are not entirely understood. A recent literature has linked entrepreneurship to the development of the justice system. This...
Persistent link: https://www.econbiz.de/10009276061
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Access to Justice and Entrepreneurship: Evidence from Brazil's Special Civil Tribunals
Lichand, Guilherme; Soares, Rodrigo R. - Institute for the Study of Labor (IZA) - 2011
Entrepreneurship is usually identified as an important determinant of aggregate productivity and long-term growth. The determinants of entrepreneurship, nevertheless, are not entirely understood. A recent literature has linked entrepreneurship to the development of the justice system. This paper...
Persistent link: https://www.econbiz.de/10009283566
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Guard labor : an essay in honor of Pranab Bardhan
Bowles, Samuel; Jayadev, Arjun - 2004
We explore the exercise of power in perpetuating status quo institutions. We give empirical examples of the economic …
Persistent link: https://www.econbiz.de/10011527337
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Equilibrium wage arrears : a theoretical and empirical analysis of institutional lock-in
Earle, John S.; Sabirianova Peter, Klara - 2000
We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...
Persistent link: https://www.econbiz.de/10011339102
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Polycentric governance in collusive agreements
Schmal, Wolfgang Benedikt - 2024
Collusive agreements in the form of cartels among firms are complex structures. The involved firms need to agree on prices and sales quotas that are legally not enforceable. Market characteristics that foster cartels’ failure or success are widely examined. However, the interplay between the...
Persistent link: https://www.econbiz.de/10014481223
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Institutional Change and Governance Indexes in Transition Economies: the case of Poland
Tridico, Pasquale - In: European Journal of Comparative Economics 3 (2006) 2, pp. 197-238
by introduction of law and formal institutions (change "by design"), but also by social norms, old values and habits … (informal institutions). I present an empirical paper focusing on transition of the Polish Economy. I used a questionnaire which … was administered to a sample of about 1000 Polish firms in order to verify the impact of economic institutions on the …
Persistent link: https://www.econbiz.de/10004965109