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This article argues that the enforcement in England in Re New Cap Reinsurance Corporation of an Australian monetary judgment rendered under Australian insolvency law does not sit easily with the Foreign Judgments (Reciprocal Enforcement) Act 1933. This is because the Foreign Judgments...
Persistent link: https://www.econbiz.de/10013124820
In “Race, Attorney Influence, and Bankruptcy Chapter Choice,” which appeared in the Journal of Empirical Legal Studies, we reported on two studies. The first study used real-world bankruptcy data and documented a large racial disparity in bankruptcy chapter choice. Even after controlling for...
Persistent link: https://www.econbiz.de/10013087309
This article examines the doctrinal and constitutional dilemmas created when a religious organization goes into bankruptcy, through the lens of the Chapter 11 reorganizations recently commenced by Catholic dioceses in Oregon, Washington and Arizona. The doctrinal dilemma in these cases forces...
Persistent link: https://www.econbiz.de/10014062351
Persistent link: https://www.econbiz.de/10000039263
The enforcement of compliance with tax regulation is a complex task. This is particularly the case when the administrative capacity of the tax authority is low, as it often happens in developing and transition countries. This paper draws on some international experiences in fighting tax evasion...
Persistent link: https://www.econbiz.de/10010285986
The modern state has monopolized the legitimate use of force. This concept is twofold. First, the state is empowered with enforcement rights; second, the rights of the individuals are (partly) restricted. In a simple model of property rights with appropriation and defense activity, we show that...
Persistent link: https://www.econbiz.de/10010286713
We analyze a model of wage delay in which strategic complementarity arises because each employer's costs of violating its contracts decrease with the arrears in its labor market. The model is estimated on panel data for workers and firms in Russia, facilitating identification through fixed...
Persistent link: https://www.econbiz.de/10010287986
Legal scholars often classify countries into ‘legal families’. The research on ‘legal origins’ refers to this literature; yet, it then goes further as it uses distinct categories into which each country’s law is allocated in quantitative studies. Today, this line of research, which goes...
Persistent link: https://www.econbiz.de/10014081505
To help countries make progress on the United Nations Sustainable Development Goal (SDG) Indicator 8.3.1 ("Proportion of informal employment in non-agriculture employment, by sex"), this paper presents an integrated strategic policy approach. This is where: a national government facilitates the...
Persistent link: https://www.econbiz.de/10014083256
This paper evaluates critically whether the cross-national variations in the size of the informal economy are the result of: under-development (a modernisation perspective); high taxes, corruption and state interference (neo-liberal perspective), or inadequate state intervention to protect...
Persistent link: https://www.econbiz.de/10012967081