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Analyzing a list of all Small Business Administration (SBA) loans in 1991 to 2009 linked with annual information on all …
Persistent link: https://www.econbiz.de/10011387117
decline in employment in recent months as well as declines in consumer spending. While lockdowns have pronounced effects on …
Persistent link: https://www.econbiz.de/10012212765
. Most firms revise downward their expectations for sales, orders, employment, and investment, while prices are expected to … the effects on factor demand and sales of the COVID-19 generated shocks. Credit-constrained firms also expect to charge …
Persistent link: https://www.econbiz.de/10012271637
The existential threat to small businesses, based on their crucial role in the economy, is behind the plethora of …
Persistent link: https://www.econbiz.de/10012603833
sector; the impacts of access to credit and other financial services; the impacts of business training; barriers to hiring …; and the distinction between self-employment by necessity and self-employment as a calling. The article devotes special …
Persistent link: https://www.econbiz.de/10012164765
Firms without paid employees account for up to 80% of all firms, but only a small minority ever hires. This paper investigates the relationship between labour costs and the decision to hire a first employee and become an employer. Leveraging a unique policy in Belgium that permanently reduced...
Persistent link: https://www.econbiz.de/10014278013
to, the population, maintaining the viability of the economy despite lockdowns. Indeed, New Zealand's combination of … policy responses resulted in one of the world's lowest death rates, while the economy's economic loss was on a par with the … operations for many businesses and public sector agencies. This paper discusses the changes in the business environment in New …
Persistent link: https://www.econbiz.de/10012793085
Consumption surveys often record zero purchases of a good because of a short observation window. Only mean consumption …
Persistent link: https://www.econbiz.de/10011452103
Using a new survey of firms' inflation expectations in France, we provide novel evidence about the measurement and formation of inflation expectations on the part of firms. First, French firms report inflation expectations with a smaller, but still positive, bias than households and display less...
Persistent link: https://www.econbiz.de/10012873113
We examine the efficacy of affirmative action at universities whose value depends on peer and alumni networks. We study an elite Brazilian university that adopted race- and income-based affirmative action at a large scale. Using employer-employee data, we show that a key benefit of attending the...
Persistent link: https://www.econbiz.de/10012805824