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Glaeser, Edward L. - 2007

Why do levels of entrepreneurship differ across America's cities? This paper presents basic facts on two measures of … entrepreneurship: the self-employment rate and the number of small firms. Both of these measures are correlated with urban success … entrepreneurship is linked to a large number of small firms in supplying industries. Finally, there is a strong connection between area …

Persistent link: https://www.econbiz.de/10012465095

Intuit QuickBooks Small Business Index : A New Employment Series for the US, Canada, and the UK

Akcigit, Ufuk; Chhina, Raman; Cilasun, Seyit Mümin; … - National Bureau of Economic Research - 2023

Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more fragile and sensitive to macroeconomic conditions....

Persistent link: https://www.econbiz.de/10014322738

Foreign direct investment

Froot, Kenneth (ed.) - 1993

Persistent link: https://www.econbiz.de/10000881399

Affiliates of U.S. and Japanese Multinationals in East Asian Production and Trade

Lipsey, Robert E. - 2000

Since 1977, and in some cases starting before that, most East Asian countries' export patterns in manufacturing have been transformed from industry distributions typical of developing countries to distributions more like those of advanced countries. The process of change in most cases started...

Persistent link: https://www.econbiz.de/10012470927

Lessons from the Asian Crisis

Mishkin, Frederic S. - 2000

This paper provides an asymmetric information analysis of the recent East Asian crisis. It then outlines several lessons from this crisis. First, there is a strong rationale for an international lender of last resort. Second, without appropriate conditionality for this lending, the moral hazard...

Persistent link: https://www.econbiz.de/10012470928

Banks, Short Term Debt and Financial Crises : Theory, Policy Implications and Applications

Diamond, Douglas W. - 2000

Short-term borrowing has often been blamed for precipitating financial crises. We argue that while the empirical association between a financial institution's, or country's, short-term borrowing and susceptibility to crises may, in fact, exist, the direction of causality is often precisely the...

Persistent link: https://www.econbiz.de/10012470986

Indian Manufacturing Industry : Elephant or Tiger? New Evidence on the Asian Miracle

Hulten, Charles R. - 1999

We estimate the rate of total factor productivity growth in Indian manufacturing industry for the period 1973-1992, and compare the results to those obtained by Young for the East Asian Tigers. We then interpret our results in light of Krugman's hypothesis that, because the Asian Miracle was...

Persistent link: https://www.econbiz.de/10012471341

Banks, the IMF, and the Asian Crisis

Kho, Bong-Chan - 1999

This paper examines the impact of the Asian crisis on bank stocks across four Western countries and six Asian countries. In the second half of 1997, Western banks experienced positive returns. In contrast East Asian bank indices incurred losses in excess of 60% in each of the crisis countries....

Persistent link: https://www.econbiz.de/10012471423

No Contagion, Only Interdependence : Measuring Stock Market Co-movements

Forbes, Kristin - 1999

This paper examines stock market co-movements. It begins with a discussion of several conceptual issues involved in measuring these movements and how to test for contagion. Standard tests examine if cross-market correlation in stock market returns increase during a period of crisis. The measure...

Persistent link: https://www.econbiz.de/10012471523

Crisis Prevention : Lessons from Mexico and East Asia

Edwards, Sebastian - 1999

This paper provides a comparative analysis of the East Asian and Mexican crises, and draws lessons for the emerging economies. Although much of the discussion concentrates on East Asia and Mexico, I also draw on the history of some previous crisis episodes. I argue that in spite of the efforts...

Persistent link: https://www.econbiz.de/10012471557

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