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concerned about being induced to finance bad risk projects when conditions deteriorate. A monopoly bank provides the socially … schlechten Projekte zu finanzieren. Eine monopolistische Bank leistet die sozial-optimale Auswahl guter Risiken, aber die …
Persistent link: https://www.econbiz.de/10011417798
Approximately 51% of the adult population in Indonesia remains unbanked. They cannot fulfill formal requirements to prove their creditworthiness and are therefore not considered for services by conventional financial institutions. Addressing this barrier to their financial well- being,...
Persistent link: https://www.econbiz.de/10014332188
Unternehmensgründungen in Deutschland leistet. Aber auch andere unternehmens- und unternehmerbezogene sowie unternehmensexterne Faktoren …
Persistent link: https://www.econbiz.de/10001594764
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This paper estimates the effect of heterogeneous university funding stemming from the German Excellence Initiative on a regional firm’s probability to innovate by using a multi-valued two-way fixed effects difference-in-differences model. The estimations show that funding an additional...
Persistent link: https://www.econbiz.de/10014232721
We investigate the causal relationship between inventor migration and regional innovation in the context of the large-scale migration shock from East to West Germany between World War II and the construction of the Berlin Wall in 1961. Leveraging a newly constructed, century-spanning dataset on...
Persistent link: https://www.econbiz.de/10015178389
We explore which start-ups win in public procurement. Most notably, our analysis presents significant differences between firms applying for tenders with and without functional criteria. First, we use representative telephone survey data to estimate public procurement applicant and winner shares...
Persistent link: https://www.econbiz.de/10015271330