What is the interrelationship among formal institutions, social networks, and new venture growth? Drawing on the theory … revenue growth of new ventures is negative, a network’s structural holes have a positive effect on the revenue growth …. Furthermore, the positive effect of structural holes on the revenue growth is stronger in an environment with a more adverse …

size and the characteristics of employees, wage levels and wage growth, on-the-job training, tenure and turnover. My …

liberalization on growth, taking into account constraints imposed by the ‘Mundell’s trilemma’. The model, calibrated to data for …

how reforms worked in the past, we quantitatively review 60 studies estimating the relation between reforms and growth … average reform caused substantial costs in the short run, but had strong positive effects on long-run growth. Reforms focused …

We analyze 1334 estimates from 67 studies that examine the effect of financial development on economic growth. Taken …. Studies that do not address endogeneity tend to overstate the effect of finance on growth. The effect seems to be weaker in … growth than other financial intermediaries. We find no evidence of publication bias in the literature. …

income countries, reach strong, sustained and shared growth in the post-crisis world. The paper first reviews, with a special … predominated prior to the crisis towards growth. Fiscal policy is key in this regard, through public outlays on infrastructure …

Zimbabwe faces growth and external competitiveness challenges, as indicated by its low trend growth and investment … 2008 economic collapse and under the current multicurrency regime. While overvaluation hampers GDP growth, as well as … growth and employment in export sectors, we have not found that undervaluation would raise it. Replacing the multicurrency …

implementation of mass privatization programs negatively impacts measures of economic growth, state capacity and the security of …

Chinese city-level data indicate that differences in growth rates are far more severe than indicated in previous … studies which typically use data at higher levels of aggregation. We estimate growth equations using city-level data and find … that the policy of awarding a special economic zone status enhances growth substantially, increasing annual growth rates by …

This paper reports new and unique firm level survey evidence to investigate the micro economic nature of the growth … of competition on employment growth. They vary according to sector and country. Finally, we find evidence that suggests … efficiency wage payments are important for employment growth in Hungary, but not in Romania and Bulgaria. …