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, and progressive taxation, as well as investment and output subsidies to the entrepreneurial sector. …
Persistent link: https://www.econbiz.de/10005666436
eliminated by government support in the form of credit guarantees or interest-rate subsidies. The principal-agent model of this … paper compares different forms of government support and concludes that credit guarantees and interest-rate subsidies have …Credit contracting between a lender with market power and a small start-up entrepreneur may lead to the rejection of …
Persistent link: https://www.econbiz.de/10009206973
This paper studies optimal taxation of entrepreneurial capital with private information and multiple assets. Entrepreneurial activity is subject to a dynamic moral hazard problem and entrepreneurs face idiosyncratic capital risk. We first characterize the optimal allocation subject to the...
Persistent link: https://www.econbiz.de/10005777891
Persistent link: https://www.econbiz.de/10011544298
Persistent link: https://www.econbiz.de/10011942596
assist SMEs to secure loans from financial institutions in Malaysia. Being the sole issuer of credit guarantees to SMEs, the … performance of CGC directly reflects the availability of credit guarantees to SMEs. Hence, to ascertain the accessibility of … credit guarantees, this study evaluates the efficiency of credit guarantee schemes provided by CGC. From a non …
Persistent link: https://www.econbiz.de/10008676551
assist SMEs to secure loans from financial institutions in Malaysia. Being the sole issuer of credit guarantees to SMEs, the … performance of CGC directly reflects the availability of credit guarantees to SMEs. Hence, to ascertain the accessibility of … credit guarantees, this study evaluates the efficiency of credit guarantee schemes provided by CGC. From a non …
Persistent link: https://www.econbiz.de/10014805116
, including among those in work, and slow aggregate productivity growth. The earned income tax credit has been an effective tool …
Persistent link: https://www.econbiz.de/10012421251
This report builds on the OECD’s longstanding work measuring government support in agriculture, fossil fuels, fisheries, and more recently in the aluminium value chain in order to estimate producer support and related market distortions in the semiconductor value chain. Results for 21 large...
Persistent link: https://www.econbiz.de/10012147309
We study the expected welfare effects of targeted R&D subsidies using project-level data from Finland. We model the … find that expected effects of subsidies are very heterogeneous and estimated application costs low on average. The social … rate of return on targeted subsidies is 30% to 50%, but spillover effects of subsidies are smaller than effects on firm …
Persistent link: https://www.econbiz.de/10011009962