In the last decade, economists have produced a considerable body of research suggesting that the historical origin of a country's laws is highly correlated with a broad range of its legal rules and regulations, as well as with economic outcomes.
National Bureau of Economic Research
EDHEC Business School
National Bureau of Economic Research
We summarize this evidence and attempt a unified interpretation. We also address several objections to the empirical claim that legal origins matter. Finally, we assess the implications of this research for economic reform.
Type: | Working paper |
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Date: | le 05/11/2007 |
Research Cluster : | Finance |