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Does entrepreneurial optimism affect business performance? Using a unique data set based on repeated survey design, we investigate this relationship empirically. Our measures of ‘optimism’ and ‘realism’ are derived from comparing the turnover growth expectations of 133 owners-managers...
Persistent link: https://www.econbiz.de/10005784754
In this paper we examine how firms change their resources in response to exogenous shocks in their business environment. Building on core ideas from the literatures on organizational imprinting and firm resources, we suggest that founding conditions differentially imprint firm resources. These...
Persistent link: https://www.econbiz.de/10005677614
The unemployment rate in Estonia rose sharply in 2010 to one of the highest levels in the EU, after thecountry entered …
Persistent link: https://www.econbiz.de/10010859435
The unemployment rate in Estonia rose sharply in 2010 to one of the highest levels in the EU, after the country entered …
Persistent link: https://www.econbiz.de/10010545909
, ethnic groups, and workers with different skill levels. As Estonia entered recession in 2008, the unemployment rate almost … will be a key adjustment mechanism during the recession as well as in the medium term if Estonia is to become a knowledge …
Persistent link: https://www.econbiz.de/10008528993
From 2000 to 2007, Estonia was one of the fastest growing emerging market economies. A housing boom, fuelled by capital … board limited the Bank of Estonia’s ability to curb credit growth, while the fiscal policy framework amplified the cycle … tightened lending standards and capital outflows. Estonia is now in a severe recession. To restore high and sustainable growth …
Persistent link: https://www.econbiz.de/10008529031
planning and ask about differences in job creation across two different transition economies: Estonia, which experienced rapid …
Persistent link: https://www.econbiz.de/10005677464
Using data from Estonian manufacturing firms during the period 1995-1999 we apply panel data techniques, in particular the Arellano-Bond (1991) method to investigate the investment behaviour. We employ the model of optimal capital accumulation in the presence of convex adjustment costs. We find...
Persistent link: https://www.econbiz.de/10005677507
the view that efficiency considerations drive ownership changes (while earlier analysis for Estonia and for many other …
Persistent link: https://www.econbiz.de/10005677680
Ottoman rule, newly independent Bulgaria adopted the bimetallic standard. Without being a member of the Latin Monetary Union … concerned the limit on silver coinage. The absence of such a clause in Bulgaria turned out to be crucial since the financial … acquired the right to issue silver-backed banknotes. Soon after that, in 1906, Bulgaria introduced a short-lived typical Gold …
Persistent link: https://www.econbiz.de/10008528991