Showing 1 - 10 of 109
credit markets. Due to the financial imperfections, high-productivity firms - which are run by entrepreneurs - must be …
Persistent link: https://www.econbiz.de/10005123794
We construct a model where an entrepreneur could either innovate for entry or for sale. It is shown that increased product competition tends to increase the relative profitability of innovation for sale relative to entry. Increased competition reduces entrants' and acquirers' profits in a...
Persistent link: https://www.econbiz.de/10005497863
In the course of ordinary business, commercial banks frequently encounter entrepreneurs seeking loans for the purpose … of financing new or continuing projects. These entrepreneurs are frequently unrealistic, their perception having been … relationship between banks and possible optimistic entrepreneurs. We examine this capital market from the stand-point of economic …
Persistent link: https://www.econbiz.de/10005791403
to the taxation of entrepreneurs in transition economies. …
Persistent link: https://www.econbiz.de/10005656322
organised around six themes that include: the forces driving migration, over time and across space; the assimilation of migrants …
Persistent link: https://www.econbiz.de/10008468557
The numbers of migrants from the accessions countries have clearly increased since the enlargement of the EU in 2004 …
Persistent link: https://www.econbiz.de/10004979473
The paper examines why ‘globaphobia’ seems to be more prevalent among labour in the United States than in Europe. It argues that globalization has generated more wealth, but also more income inequality and adjustment problems, in America than in Europe. In the United States, the median voter...
Persistent link: https://www.econbiz.de/10005123640
This paper empirically analyzes both economic and non-economic determinants of attitudes towards immigrants, within and across countries. The two individual-level survey data sets used, covering a wide range of developed and developing countries, make it possible to test for interactive effects...
Persistent link: https://www.econbiz.de/10005123855
OECD governments note rising immigration with alarm and grapple with policies aimed at selecting certain migrants and …
Persistent link: https://www.econbiz.de/10005136660
The objective of this paper is to highlight the importance of the ‘public finance’ impact of international migration on wages and welfare. To this end, we construct a general equilibrium model of a labour-exporting (source) and a labour-importing (host) country with identical consumers,...
Persistent link: https://www.econbiz.de/10005136698