Browsing Faculté des arts et des sciences – Département de sciences économiques - Travaux et publications by Subject "Optimal Contracts"
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The Economic Effects of Improving Investor Rights in Portugal
(Université de Montréal. Département de sciences économiques., 2009-02)The Portuguese economy has performed remarkably well since joining the EU in 1986. Output per worker grew at an annual rate of 2.25%. The relative price of investment has declined. Real investment has increased compared to output, in part fuelled by ... -
Legal Institutions, Sectoral Heterogeneity, and Economic Development
(Université de Montréal. Département de sciences économiques., 2008-07)Poor countries have lower PPP–adjusted investment rates and face higher relative prices of investment goods. It has been suggested that this happens either because these countries have a relatively lower TFP in industries producing capital goods, or ...