Showing 1 - 10 of 249
and health status. We explore the influence of long-lasting bank relationships on employment and asset growth of a large …
Persistent link: https://www.econbiz.de/10003981984
We present a theoretical and empirical analysis of the links between the gender of an entrepreneur, access to finance, occupational choice, and business performance. Our theoretical model predicts that, when lenders discriminate against women entrepreneurs, the average entrepreneurial skill of...
Persistent link: https://www.econbiz.de/10011610923
Services form an increasing proportion of the inputs used in manufacturing. We explore empirically whether competition in the service sector affects downstream manufacturing firms' efficiency, via the inputs used. Using French micro-data for services, we calculate proxies for competition in...
Persistent link: https://www.econbiz.de/10003937587
This paper investigates the role of firm productivity in drawing firm boundaries in global sourcing. Our analysis focuses on how productivity affects the allocation of ownership rights between the headquarter of a firm and an intermediate input supplier (vertical integration vs. outsourcing), as...
Persistent link: https://www.econbiz.de/10010476678
Using the framework provided by the asymmetric-information and real-options theories, we examine the impact of uncertainty on firms' decisions and market outcomes. We construct alternative measures of uncertainty based on survey of professional forecasters and our estimation of regression-based...
Persistent link: https://www.econbiz.de/10009764986
We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based on the survey of professional forecasters, and regression-based forecasting models for GDP growth, inflation, S&P500 stock price index, and fuel prices. Our results indicate...
Persistent link: https://www.econbiz.de/10010428770
Social distancing restrictions and health- and economic-driven demand shifts from COVID-19 are expected to shutter many small businesses and entrepreneurial ventures, but there is very little early evidence on impacts. This paper provides the first analysis of impacts of the pandemic on the...
Persistent link: https://www.econbiz.de/10012291885
We study the importance of information technology (IT) in banking for entrepreneurship. Guided by a parsimonious model …. We present evidence consistent with banks’ IT adoption spurring entrepreneurship through a collateral channel …: entrepreneurship increases by more in IT-exposed counties when house prices rise. Further analysis suggests that IT improves banks …
Persistent link: https://www.econbiz.de/10015048384
Economists have long suspected that firm-to-firm relationships might increase price rigidity due to the use of explicit … older versus newly formed relationships. Based on additional stylized facts about a relationship's life cycle and interviews … the average length of relationships in the economy - e.g., in a recession, when the share of young relationships declines …
Persistent link: https://www.econbiz.de/10011569630
Persistent link: https://www.econbiz.de/10003647270