This paper analyzes private precautions against crime when the value of the property to be protected is private …, suboptimal investment can occur when observable precautions communicate information about property value to potential offenders …

Under the common-law system of coverture in the United States, a married woman relinquished control of property and … market earnings and to own separate property. The former were called married women's earnings acts (MWEAs) and the latter … married women's property acts (MWPAs). Scholarly interest in the acts' effects is growing. Researchers have examined how the …

sparse. To illustrate the functionality, we generate a panel of German property prices and rents that is unprecedented in its …

that these reoptimized ownership choices raise firm output by 40% and productivity by 7.5% on average. An extended property …

government party, especially those in the federal Cabinet, and those of lower seniority. We develop a model featuring bargaining …

This paper studies how divided government - arising when control of the government branches is split between parties … they serve in a divided government than they are in a fully unified government. We find similar but smaller effects for …. However, in terms of policy implementation, we find evidence of moderation: when a unified Republican government loses a …

alternative mechanism known as divided government. By dividing government control between the executive and legislative branches … states from 1975 to 2000, it is shown that the probability of divided government is 10-15 percent higher when governors are … control an otherwise unaccountable executive. -- divided government ; lame duck ; term limit ; accountability …

We document that trust in public institutions - and particularly trust in banks, business and government - has declined … the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …"We document that trust in public institutions-and particularly trust in banks, business and government-has declined …