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作者:University of Toronto
摘要:Governments frequently establish institutions to govern the transition in property rights when they acquire territory or experience radical changes in political regimes. By examining a specific example-the United States' acquisition of California from Mexico in 1848, this article investigates general questions about these institutions and institutional choice. The article finds that the specific institution that Congress chose for California best balanced the interests of the federal governmen...
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作者:University of London
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作者:University of Richmond
摘要:In late-twentieth-century America, both the National Weather Service and private weather organizations provide weather services. Although commercially successful, private weather organizations do not bear the full costs of supplying their services, since they receive nearly all of their meteorological data from the National Weather Service at essentially zero cost.(1) No private weather organization in the United States owns a weather satellite, for example. Any investigation into the socially...
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作者:California Institute of Technology; University of Southern California
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作者:Vanderbilt University
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作者:Montana State University System; Montana State University Bozeman
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作者:Northumbria University; Cardiff University
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作者:George Mason University
摘要:The Glass-Steagall Act may have increased the cost for corporations of raising external funds for investment spending. Significant differences are found in the way financial institutions influenced corporate investment spending. Investment regressions for a sample of companies affiliated to financial institutions are estimated and compared to those for a control sample. Prior to Glass-Steagall, affiliated companies do not display any sensitivity between investment spending and internal measure...
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作者:Lafayette College
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作者:University of Pennsylvania