Sovereignty, Law, and Finance
Evidence from American Indian Reservations
Datos Bibliográficos
| ID | 12802497 |
|---|---|
| Autores | Rachel L Wellhausen (0000-0002-7430-9997, autor de correspondencia) |
| Año | 2017 |
| Volumen | 12 |
| Número | 4 |
| Páginas | 405-436 |
| Fecha de publicación | 2017-12-07 |
| Peer Reviewed | Sí |
| Open Access | No |
| Tipo | ARTICLE |
| Revista | Quarterly Journal of Political Science (JOURNAL) |
| Identificadores de la revista | ISSN: 1554-0626 • E-ISSN: 1554-0634 |
| Editorial | Now Publishers (PUBLISHER • NL) |
| DOI | 10.1561/100.00016131 |
| OpenAlex | W2773789190 |
| Idioma | EN |
| Citas recibidas | 9 |
| Referencias citadas | 36 |
In 1953, Congress supplanted the tribal civil law on some American-Indian reservations with the civil law of the US state in which they are located. In the vein of cross-national literature on law and finance, I demonstrate that Congress’s action reduced external financial actors’ uncertainty over the enforcement of contracts on some reservations. Using novel data on 20,000 home loans to tribal members guaranteed by a US Housing and Urban Development program (1996–2013), I find a causal effect at the individual level: mortgage holders governed by US state civil law pay consistently lower interest rates. Thus, externally imposed law generates long-term benefits for tribal members. Nonetheless, qualitative extensions suggest that neither the presence nor the magnitude of the effect offsets many tribes’ prioritization of their sovereignty, rather than the individual-level economic benefits that can result from compromising it
Business · Civil law (Civil law · Commercial law · Economics · Enforcement · Law enforcement · Political science · Politics · Sovereignty · State (computer science · Fiscal Policy and Economic Growth · Housing Market and Economics · Law · Law, Economics, and Judicial Systems
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| Obras citantes distintas | 9 |
|---|---|
| Citas por año | 1 |
| Intervalo de citas | 2017 - 2026 (10) |
| Velocidad de citación | current |
| Altamente citado | No |
| Tipos de cita | Neutras: 9 |