While land reforms are typically pursued in order to raise productivity and reduce inequality across households, an unintended consequence may be increased within-household gender inequality. We analyse a tenancy registration programme in West Bengal, and find that it increased child survival...

The paper evaluates the effects of privatization in the post-communist economies and China. In post-communist economies privatization to foreign owners results in arapid improvement in performance of firms, while performance effects of privatization to domestic owners are less impressive and...

The Massachusetts Supreme Judicial Court recently granted a petition for certiorari in a case where the value of a beneficiary’s interest in a third party settled multi-generational trust was included in the marital estate for purposes of a property division at divorce. This article examines...

Do “cultural factors” substantively influence the creation and evolution of property institutions? For the past several decades, few legal scholars have answered affirmatively. Those inclined towards a law and economics methodology tend to see property institutions as the outcome of...

Heinsohns und Steigers Buch "Eigentum, Zins und Geld" begründete vor 20 Jahren einen Paradigmenwechsel in der Wirtschaftstheorie: Nicht der Tausch, sondern das Eigentum ist der Ursprung des Wirtschaftens. Diese Festschrift für Gunnar Heinsohn ehrt einen ungewöhnlich vielseitigen...

According to economic theory, the clear definition of property rights is essential for well-functioning markets. Comparatively little attention, however, is given to explaining the development of these rights. Economic reasoning suggests that markets themselves call property rights into...