The rise and decline of free trade in the 19th century and the attendant economic and political consequences of these trends have always intrigued historians and economists. In the difficult times following World War I, when international trade relations had to be rebuilt, the free trade episode among European countries in the second half of the 19th century was perceived as a golden age. Durin...

Native Americans are unique among domestic actors in that their relations with the United States government involve treaty-making, with almost 600 such documents signed between the Revolutionary War and the turn of the twentieth century. We investigate the effect of constitutional changes to the treating process in 1871, by which Congress stripped the President of his ability to negotiate direc...

Bilateral international tax treaties govern the host country taxation for the vast majority of the world’s foreign direct investment (FDI). Of particular interest is the fact that the tax rates used under these treaties are gradually falling although the treaties themselves do not specify any such reductions. Since there is no outside governing agency to redress treaty violations, such reductio...

Why do states commit to international human rights treaties that may limit state sovereignty? Existing arguments focus on either the fear of domestic democratic instability or on international norms. We focus instead on the variation in three kinds of costs that states must pay to commit: policy change, unintended consequences, and limited flexibility. We use a discrete time-duration model to t...