Law and Finance: Why Does Legal Origin Matter? |
Common terms and phrases
adaptability channel adaptability indicators assess Beck British common law British legal origin channel stresses civil law countries common law countries correlated Dawson Demirguc-Kunt differences in financial efficiently exogenous component explain cross-country differences explain financial development F-test financial intermediaries Financial Sector Development French civil law French law French legal origin German civil law German legal origin instrumental variables judiciary jurisprudence Justinian Latitude Independence Obs law and finance Legal Adaptability legal origin countries legal origin dummy legal origin explains legal origin help legal origin influences legal traditions differ Levine life-long tenure LLSV Lopez-de-Silanes Merryman Napoleonic doctrine OIR test origin dummy variables origin explain financial origin help explain Panel political and adaptability Political Indicator Political Structure Private Credit private property rights protect private property Roman law September 2002 share of GDP Shleifer statutory law Stock Market Development Supreme Court Judges Supreme Court Power Tenure of Supreme test Case Law variable that takes