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I study whether firms' reliance on intangible assets is an important determinant of financing constraints. I construct new measures of firm-level physical and intangible assets using accounting information on U.S. public firms. I find that firms with a higher share of intangible assets in total...
Persistent link: https://www.econbiz.de/10011142148
This Selected Issues paper reviews the extent to which growth in Ethiopia has translated into higher living standards … hindering further broadening of growth across key sectors to reduce poverty, and highlights the main areas for policy action. …
Persistent link: https://www.econbiz.de/10011244172
This study estimates the size of the informal economy, and the relative contribution of each underlying factor, for the Caucasus and Central Asia countries in 2008. Using a Multiple Indicator-Multiple Cause model, we find that a burdensome tax system, rigid labor market, low institutional...
Persistent link: https://www.econbiz.de/10010790402
markets (EM) are now entering a period of slower growth. In fact, growth is now lower than the post-crisis peak of 2010-11, as … growth rates seen in the last decade or whether their prospects are dimmer than thought a few years ago. This SDN we will … explore the drivers of the slowdown, how changes in external conditions that supported high growth in EMs will affect them …
Persistent link: https://www.econbiz.de/10010878427
The need to revive Euro area growth highlights the importance of the evolution of domestic and external demand in the …
Persistent link: https://www.econbiz.de/10010959463
Total factor productivity growth was stagnant or slowing in many advanced countries even prior to the crisis. This …
Persistent link: https://www.econbiz.de/10011245883
in the private sector, increase productivity and sustainable growth, and help create the non-oil economy that will be …-wage foreign labor and the rapid growth in government spending, while the continued availability of high-paying and secure public …
Persistent link: https://www.econbiz.de/10011245892
The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living … often face more limited policy tools, policies do matter and can further help build resilience and raise potential growth … improve the composition of public spending in order to foster inclusive growth. Regional solutions should also continue to be …
Persistent link: https://www.econbiz.de/10010790232
become a main engine of growth in the United States, we find that U.S. manufacturing exports could provide nonnegligible … growth opportunities going forward. …
Persistent link: https://www.econbiz.de/10010790239
The inefficiency of the Italian judicial system has contributed to reduced investments, slow growth and a difficult …
Persistent link: https://www.econbiz.de/10010790243