We estimated a hazard function for the duration of micro-enterprises after they had been subject to a public seed financing programme in southern Chile. The programme aims to encourage innovative new firms and uses sponsors to support and follow-up on the benefiting firms. Using an...

Using the dating algorithm by Harding and Pagan (2002) on a quarterly database for 23 emerging market economies (EMEs) and 12 developed countries over the period 1980.Q1 - 2006.Q2, the authors proceed to characterize and compare the business cycle features of these two groups. They first find...