Showing 1 - 10 of 293
We analyze linked databases on all Small Business Administration (SBA) loans, on all SBA lenders, and on all U.S. employers to estimate the effects of financial access on employment growth. Our methods combine regressions with matching on firm age, size, industry, year, and employment history,...
Persistent link: https://www.econbiz.de/10011309136
Financing entrepreneurship spurs innovation and economic growth. Digital financial platforms that crowdfund equity for entrepreneurs have emerged globally, yet they remain poorly understood. We model equity crowdfunding in terms of the relationship between the number of investors and the amount...
Persistent link: https://www.econbiz.de/10014445237
Insbesondere Klein- und mittlere Unternehmen haben in den letzten beiden Jahren ihre Investitionsvorhaben wegen …
Persistent link: https://www.econbiz.de/10011692199
Nur wenige Unternehmen klagen über verschlechterte Finanzierungsbedingungen aufgrund der Finanzmarktkrise. Dies ergab … eine aktuelle Befragung von Unternehmen durch das ifo Institut. Die große Mehrzahl der Unternehmen, 82%, berichtete von … unveränderten Finanzierungsmöglichkeiten. Für die kommenden drei Monate befürchten etwa 19% der Unternehmen eine Verschlechterung …
Persistent link: https://www.econbiz.de/10011692774
Umfrageergebnisse deuten seit einiger Zeit auf eine leichte Verbesserung in der Kreditversorgung der Unternehmen hin …. Indikatoren, wie die Eigenkapitalausstattung der Unternehmen und der Banken oder auch die Kreditausfallraten in den Büchern der … Ergebnis, dass viele Unternehmen gerade bei dem jetzt anlaufenden Konjunkturaufschwung überhaupt erst in …
Persistent link: https://www.econbiz.de/10011693041
This paper analyzes how private decisions and public policies are shaped by personal and societal preferences ("values"), material or other explicit incentives ("laws") and social sanctions or rewards ("norms"). It first examines how honor, stigma and social norms arise from individuals'...
Persistent link: https://www.econbiz.de/10009530311
In this paper we use novel historical data on economics and social rights from the constitutions of 201 countries and an instrument variable strategy to answer two important questions. First, do economic and social rights provisions in constitutions reduce poverty? Second, does the strength of...
Persistent link: https://www.econbiz.de/10010488146
Entrepreneurship is usually identified as an important determinant of aggregate productivity and long-term growth. The determinants of entrepreneurship, nevertheless, are not entirely understood. A recent literature has linked entrepreneurship to the development of the justice system. This paper...
Persistent link: https://www.econbiz.de/10009315472
A large literature documents persistent impacts of formal historical institutions. However, very little is known about how these institutions interact with ancestral traditions to determine long-term economic and social outcomes. This paper addresses this question by studying the persistent...
Persistent link: https://www.econbiz.de/10012199043
adding paid employees. The analysis suggests that finance is not the sole constraint to growth of microenterprises, and …
Persistent link: https://www.econbiz.de/10003719625