Zobrazeno 1 - 10
of 16
pro vyhledávání: '"Hugo J. Faria"'
Publikováno v:
World Development. 96:503-519
Summary Existing literature suggests that either colonial settlement conditions or the identity of colonizer were influential in shaping the post-colonial institutional environment, which in turn has impacted long-run economic development. These two
Publikováno v:
SSRN Electronic Journal.
To the best of our knowledge, the empirical corpus of work on the origins and persistence of democracy has not evaluated the impact of governments' fiscal independence from peoples' taxes on the quality of democracy. Our proxy for fiscal independence
Publikováno v:
European Journal of Political Economy. 45:108-128
This research uses predicted genetic diversity unadjusted for the ancestral composition of current populations, as a plausible source of exogenous variations for indicators of economic institutions. While genetic diversity has a robust, concave and s
Publikováno v:
Econ Journal Watch. 11(1):17-36
An important dimension of the “modernization hypothesis” is the claim that there is a long-run positive relation between socio-economic development and political democracy. This research strand of the modernization hypothesis, however, has been c
Publikováno v:
Journal of Institutional Economics. 8:511-535
A growing body of evidence documents a vast array of economic and social ill-effects of public perceived corruption. These findings and the scant evidence of recent success in the fight against corruption beg the question: how to abate it? We documen
Autor:
G B César Aviles, Daniel R. Morales, Hugo J. Faria, Hugo M. Montesinos-Yufa, Osmel Brito-Bigott
Publikováno v:
Applied Economics. 45:65-83
In this research we attempt to understand the effects of corruption on business regulations measured by number of procedures, time and costs involved in satisfying governmental requisites. Using Two-Stage-Least Squares (2SLS) methods we lessen the pr
Autor:
Hugo M. Montesinos, Hugo J. Faria
Publikováno v:
Public Choice. 141:103-127
A positive, statistical and economic significant relation between growth, income level and the Economic Freedom of the World (EFW) index has been amply documented. Most analyses, however, use OLS methods which, in the presence of endogenous variables
Publikováno v:
Managerial Finance. 25:13-21
Explains why executive severance contracts contingent on a change in control (i.e. golden parachutes) have developed and reviews previous relevant research. Develops a mathematical model of their effects on shareholder wealth and uses it to determine
Publikováno v:
SSRN Electronic Journal.
Economic theory and a growing body of empirical literature suggest that private property rights are an important determinant of economic development. In this paper, four commonly used measures of institutional protection of private property rights ar
Publikováno v:
Japan and the World Economy. 8:99-119
We examine the equity valuation effects of common stock, straight debt, warrant bond and convertible bond offerings by Japanese firms during the period 1984–1991. We find that Japanese stock market reactions to announcements of common stock, straig