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Displaying results 1 to 2 of 2.

  1. Legal institutions, credit markets, and economic activity
    Author: Brown, James R.; Cookson, J. Anthony; Heimer, Rawley Z.
    Published: 2014
    Publisher:  Federal Reserve Bank of Cleveland, Cleveland, Ohio

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    Keine Speicherung
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    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / Federal Reserve Bank of Cleveland ; 1434
    Subjects: courts; law and finance; economic growth; external financing; contract enforcement
    Scope: Online-Ressource (45 S.), graph. Darst.
  2. Inside post-socialist courts
    the determinants of adjudicatory outcomes in Slovenian commercial disputes
    Author: Dimitrova-Grajzl, Valentina; Grajzl, Peter; Zajc, Katarina
    Published: 2014
    Publisher:  CESifo, München

    Despite the judiciary's central role in the capitalist market system, micro-level empirical analyses of courts in post-socialist countries are remarkably rare. This paper draws on a unique hand-collected dataset of commercial claims filed at... more

    Location:
    Staats- und Universitätsbibliothek Bremen
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    Location:
    Niedersächsische Staats- und Universitätsbibliothek Göttingen
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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 63 (4894)
    Inter-library loan:
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    Despite the judiciary's central role in the capitalist market system, micro-level empirical analyses of courts in post-socialist countries are remarkably rare. This paper draws on a unique hand-collected dataset of commercial claims filed at Slovenian courts to examine the determinants of two salient adjudicatory outcomes: whether a case was resolved via trial or settlement and if the case was tried, whether the plaintiff was awarded the initial claim. Consistent with the divergent expectations theory of litigation, we find that trial-based resolution is more likely when the case is complex and less likely when parties use mediation. Addressing sample selection and endogeneity concerns, we show that defendant's legal representation, plaintiff's profitability, and, importantly, court identity are robust predictors of plaintiff victory at trial. Thus, more than two decades after the start of transition in Slovenia, the judicial system is still a source of legal inconsistency and uncertainty.

     
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    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/102156
    Series: Array ; 4894
    Subjects: courts; post-socialist countries; commercial disputes; trial; settlement
    Scope: Online-Ressource ([1], 45 S.)