We examine 70,581 felony court cases filed in Chicago, IL during the period 1990-2007. We exploit case randomization to assess the impact of judge assignment and sentencing decisions on the arrival rates of new charges. Relative to prior research, we document an important source of heterogeneity...

In this paper, we focus on determinants of judicial efficiency in China, with efficiency estimates of district courts obtained from data envelopment analysis (DEA). Our dataset comprises 1584 local courts pooled from the year 2014 - 2017. Controlling for local economic development level as well...

Theoretical work suggests an ambiguous relationship between the strength of institutions and the distribution of access to finance. Using a sample of listed firms from 70 countries, this study constructs country-level measures of inequality in access to external finance, and explores its...

Judges' ideas, beliefs, and values are central to adjudication. Empowering the courts was a crucial step in third‐wave democracies and, after some unfulfilled promises regarding the potential of the judicialization of politics for rights expansion, we need to learn more about the individuals...

Wellbeing and social capital are central concepts in the policy discourse of the new government. At the same time, inspired in part by the Capabilities Approach of Sen and Nussbaum, Treasury has been developing its living standards framework. This discussion paper makes a first attempt at...

Over the last four decades, China has sustained extraordinary economic development despite Western assertions of under-constructed economic markets and the lack of an independent adjudicative process. The purpose of this paper is to set out the context of China's judicial independence and high...

This paper examines the contribution of administrative and procedural transaction costs to economic growth under common legal system. We show that administrative and procedural costs vary quite a lot even within the institutional environment sharing the common legal system. States with...

In this paper, using new estimates of the size of the UK's capital market, we examine financial development and investor protection laws in Britain c.1900 to test the influential law and finance hypothesis. Our evidence suggests that there was not a close correlation between financial...

This paper offers a preliminary roadmap for interrogating the Legal Origins school. Before focusing on Legal Origins, however, Part II will address a basic issue facing development efforts: the contractual and ideological restriction of policy choices available for the development of economic...

Edited by Yun-chien Chang, Wei Shen and Wen-yeu Wang, the book Private Law in China and Taiwan: Legal and Economic Analyses is set to be a leading comprehensive and authoritative law book that provides an economic and comparative framework for analysing private law in China and Taiwan. This book...

Introduction -- Enshrining economic models into the Constitution -- Providing access to property : framed by economic development -- Women and economic development: determined by reproductive work -- Social Policy and Economic Development : inseparable -- Unpacking the multiple views of law.

1 The Rule of Law in the Historical Context -- 2 The Institutional Change: Historical Background -- 3 Fundamental economic indicators of the Ottoman Economy -- 4 A comparison with European societies under the State Finance -- 5 Tax -farming contracts -- 6 Law and economics of tax-farming...

We assemble new data on the British and French concessions in Shanghai between 1845 and 1936 to assess the legal origins view of financial development. During this period, two regime changes altered the degree to which the British common and French civil law traditions held jurisdiction over the...

"This book grew out of a long-standing preoccupation with the problem of reconciling western liberalism with cultures, such as that of (even) Greece where I grew up, that had markedly different historical traditions, political behaviors, and social organization. Most available answers invoked...

This book examines the role of institutions and law on the economic performance of the Ottoman Empire between 1500 and 1800. By focussing on the pre-industrial period, the transition to industrialisation and the mechanisms behind it can be explored. Particular attention is given to the...

Multiple, overlapping, and systemically interactive normative orders regulate commerce, trade, and finance. A diverse set of state and non-state actors produce this plurality of rules governing markets. How these rules operate, what they are, whether some of them deserve recognition as what...

Civil litigation reform has so consistently and predictably benefited a certain set of defendants, at the expense of a certain set of plaintiffs, that it has understandably come to be assumed antithetical to access-to-justice values. The view, however, looks different in family court, where...

Is the common law efficient? Neoclassical economists debate whether our inherited systems of judge-made law maximize wealth whereas Austrian economists typically adopt much different standards. The article reviews neoclassical and Austrian arguments about efficiency in the common law. After...

On what grounds are private law remedies awarded? This question has received surprisingly little attention from legal scholars. Although the circumstances in which particular kinds of remedies are awarded have been discussed in detail, there have been few attempts to draw general principles from...

This article discusses Islamic economics by applying a legal plural approach to property rights: more precisely, it argues that Islamic economics embodies a property theory that is alternative to the conventional one and that this property theory gives rise to a paradigm of economic justice that...

This paper discusses the nature of law as the fifth factor of production, or more fundamentally as the institutional framework within which the production process takes place. Unlike land, labor, capital and entrepreneurship, whose coordination is an outcome of institutional arrangements, the...

The background conditions for the emergence of the rule of law are important but underdeveloped. This paper traces more fully the relationship between the concept of human equality and the development of the rule of law. It presents evidence that the Jewish and Christian concept of all human...

This book assesses the Statute for a European Cooperative Society (SCE) regarding agricultural activities by comparing how specific questions arising in this context must be dealt with under the Italian and Austrian legal systems. In this regard, Council Regulation (EC) No. 1435/2003, of 22 July...

"This interdisciplinary edited collection brings together scholars, activists, and policy makers to build consensus around what a connected society means for Canada. The collection offers insight on the state of citizenship in a digital context in Canada and proposes a research and policy agenda...

"Reflecting on some of Brazil's foremost challenges, this book considers the sometimes porous relationship between legality and illegality in a country that is undergoing significant political and societal change. It brings together work by established scholars from Brazil, Europe and the United...