[Vortrag Regensburg] "Steps of Contract Enforcement: The Lawyer’s Guide for the Applied Economist"

06.12.2016 (13:30 - 15:00)

Am Dienstag, 6. Dezember 2016, hält Miriam Frey (IOS Regensburg) in der Seminarreihe des AB Ökonomie am Institut für Ost- und Südosteuropaforschung (IOS) einen Vortrag zum Thema "Steps of Contract Enforcement: The Lawyer’s Guide for the Applied Economist". Beginn ist um 13:30 Uhr in Raum 109 im IOS, Landshuter Str. 4, Regensburg.

The recent empirical literature on international trade has highlighted the importance of the quality of institutions as trade flows and trade patterns react to legal settings. Economists usually refer to these institutions as the rule of law. This concept encompasses various aspects of legal institutions such as property rights, corruption and contract enforcement. At the same time, the rule of law is often only covered by a single indicator in empirical economic studies. We argue that it is worth to have a closer look especially at the different steps of contract enforcement (1. constitution of rights and obligations in the phase of contract drafting 2. ways to a judgment 3. enforcement of a judgment) when studying international trade issues as transnational contracts on the delivery of goods and services require an interaction between the legal systems of different countries. Therefore, the aim of this paper is to critically assess the role of the enforceability of transnational contracts in empirical trade analyses.

Die Veranstaltung steht allen Interessierten offen.

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