Similar Search Results

Financial constraints and firm size : micro-evidence and aggregate implications

Ferreira, Miguel H.; Haber, Timo; Rörig, Christian - 2023

Using a unique dataset covering the universe of Portuguese firms and their credit situation we show that financially constrained firms are found across the entire firm size distribution, even in the top 1%. Incorporating a richer, empirically supported, productivity process into a standard...

Persistent link: https://www.econbiz.de/10014293341

After the death of inflation: will fiscal drag survive?

Heinemann, Friedrich - 2000

Declining inflation rates might have negative consequences for tax revenues. Phenomena like the inflationary bracket … creep in a progressive income tax system do not work any longer. With this background the paper analyzes the extent of … lay the theoretical base followed by a descriptive view on the relation between inflation, growth and tax revenues in the …

Persistent link: https://www.econbiz.de/10013428323