What Has Driven the Great Fertility Decline in Developing Countries since 1960?

Several developing countries are currently experiencing a significant fertility decline, however, academic economists have paid little attention to this transition. This paper seeks to explain the fertility transition by infant mortality, urbanisation, income, culture and educational attainment of females and males using annual data for 92 developing countries over the period 1960–2014. External instruments are used to deal with endogeneity. The results suggest that increasing per capita income, improved female education and increasing secularisation have been important determinants for declining fertility in the developing world.     

Variation in central bank independence across countries: Some provisional empirical evidence

In this paper seven hypotheses to explain variation in central bank independence across countries are tested. The predictions based upon the theory that delegation of authority by politicians to the central bank is used as a commitment device are not supported: central bank independence is not higher the larger the employment motivated inflationary bias, the higher political instability or the larger the government debt. Central bank independence is positively related to historical inflation experience and negatively with political instability. We do only find limited support for the view that countries with a universal banking system and countries whose central banks do not regulate financial institutions have more independent central banks.     

Fatal ischemic stroke due to dissecting aneurysm of the intracranial arteries presenting as sudden unexpected death in childhood

Sudden unexpected death is any nontraumatic death in healthy individuals with normal activities for age until acute demise. Whereas not uncommon in adults and infants, it is considered a rarity in children, with most cases due to infection or occult cardiovascular abnormalities. Pathologic intracranial findings are rarely found in sudden unexpected death in childhood, with most cases due to occult intracranial neoplasms. Cerebral arterial dissection is an uncommon cause of arterial ischemic stroke in childhood. Outcome is poor, with more than 20% of patients dying. We report 4 cases of sudden unexpected death due to arterial ischemic stroke after cerebral arterial dissection in childhood and present a review of the literature.     

English Alternative Business Structures and the European single market

English Alternative Business Structures (ABS) are likely to put the European legal framework on lawyer mobility and cross-border provision of legal services to its first serious test. Continental European bars are defending a reading of the applicable European Directives which would allow them to keep English ABS out of their markets. Whether the European Court of Justice (ECJ) will agree with this protectionist interpretation of the applicable European rules remains to be seen. This paper challenges the legal arguments in favour of protectionism and argues that it will be very difficult for Continental European bars to keep English ABS out of their markets.     

Fragmented Government Effects on Fiscal Policy: New Evidence

Using a panel of 22 OECD countries over the 1971–1996period, this paper extends previous literature on the effectsof fragmented government on fiscal policy outcomes in variousdirections. First, we focus on data relating to centralgovernment as alltheories refer to central government. Second, we also examinegovernment's position vis-à-vis parliament andgovernment's political fragmentation. We find evidence thatmore fragmented governmentshave higher deficits, while governments that have a largemajority in parliament have lower deficits. Right-winggovernments appear to have been fiscally more responsible inthe seventies. Political fragmentation does not affect agovernment's budget deficit.     

No right to unilaterally claim your territory: on the consistency of Kantian statism

The paper examines the consistency of recent Kantian justifications of state authority through reflection on the normative implications of states’ territorial nature. I claim that their conceptual structure leaves these accounts unable to close the justificatory gap that emerges at the transition from legitimate authority simpliciter, to legitimate state authority. None of the strategies Kantian statists have come up with in order to solve this problem – based on the proximity, occupancy and permissive principles – provides the needed grounds on which to carve up the earth’s surface into jurisdictional domains. Yet, I conclude that this does not require Kantians to cede statist grounds altogether but to take a distinctly ‘global perspective’ on states.     

Zur vertraglichen Verlängerung der kurzen Verjährungsfrist von Schadenersatzansprüchen

Sowohl bei vertraglichen als auch bei gesetzlichen Schuldverh?ltnissen kann sich auf Grund praktischer Bedürfnisse die Frage stellen, inwieweit die Parteien durch Verj?hrungsverzicht bzw durch rechtsgesch?ftliche Fristverl?ngerung die Verj?hrung privatautonom gestalten k?nnen. Der folgende Beitrag versucht, dies nicht allgemein, sondern blo? im Speziellen für die dreij?hrige Verj?hrungsfrist von Schadenersatzansprüchen zu beantworten. Der Autor kommt dabei zum Ergebnis, dass die Verbotsnorm des § 1502 ABGB nach ihrem telos auf die relative Verj?hrungsfrist des § 1489 S 1 ABGB keine Anwendung finden kann.     

New evidence on the relationship between democracy and economic growth

It is often maintained that democracy is a luxury which comes at a price in terms of subsequent slower increases in national living standards. However, various recent cross-section studies on economic growth have found evidence that lack of civil and political liberties is negatively correlated with economic growth. Using a new measure of democracy, which is based upon the number of years that a country can be regarded as a democracy, the robustness of this relationship is examined. Both direct and indirect effects of lack of democratic liberties are analysed. Our main conclusion is that the relationship between democracy and economic growth is not rubust.