We use a recent policy experiment in Rio de Janeiro, the installation of permanent police stations in low-income communities (or favelas), to quantify the relationship between a reduction in crime and the change in the prices of nearby residential real estate. Using a novel data set of detailed...

Earlier literature has established that enforcement of the Swedish Environmental Code varies greatly across municipalities. This is problematic due to differences in application of the law and from an efficiency perspective. This study shows that the variation can to some extent be explained by...

In many contexts, warning systems of law enforcement are used to let uninformed individuals learn what is illegal, while sanctions are applied only after a number of repeated violations. Surprisingly no em- pirical evidence is available so far, over the learning impact of warnings. This paper is...

This paper analyses changes in the legal protection of shareholder and creditor rights in 24 transition economies from 1990 to 1998. It documents differences in the initial conditions and a tendency towards convergence of formal legal rules as the result of extensive legal reforms. Convergence...

This paper offers a first comprehensive analysis of legal change in shareholder and creditor rights protection in transition economies and its impact on the propensity of firms to raise external finance. The paper uses the investor rights indices developed by La Porta et al. (1998) as a starting...

In this paper, we argue that the effect of governance on the emergence of crimes of different levels of sophistication is highly non-linear. State failure, anarchy and a lack of infrastructure are not conducive to establishing any business, including illicit enterprises. At the bottom of the...

в работе рассматриваются теоретико-правовые аспекты обеспечения общественного порядка и общественной безопасности на современном этапе развития общества и...

В статье проводится теоретический анализ одной из актуальных проблем уголовного права формирования современного типа уголовного правопонимания, с которым в...

В статье кратко изложены вопросы получения оперативно-розыскной информации, а также ее анализа в целях использования в расследовании преступлений