Showing 1 - 10 of 2,690
Previous papers tested the validity of the Family Investment Hypothesis (FIH) among immigrants by comparing the labor … credit constraints are binding, then only married immigrants can cross-finance their investment within the family. In order … to a rejection of the FIH in both countries. -- Family investment model ; labor supply …
Persistent link: https://www.econbiz.de/10003847131
This paper presents a two-period human capital investment model of married and single immigrants under binding … shown that the comparative advantage in investment that determines which spouse will invest more in local skills depends on … partial specialization in work and investment activities within immigrant households. However, the level invested by each …
Persistent link: https://www.econbiz.de/10003469464
firm's investment is comparatively more sensitive to cash flow, but this sensitivity is negatively and significantly … related with corporate efficiency. These results point to the fact that high investment sensitivity to cash flow may not be … solely driven by measurement error in investment opportunity, but may still be interpreted as a consequence of imperfect …
Persistent link: https://www.econbiz.de/10010379263
easing entrepreneurial investments for credit-constrained individuals whose investment possibilities depend on their income … entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity …
Persistent link: https://www.econbiz.de/10003225929
; productivity ; financial constraint ; export ; technology frontier ; BEEPS …
Persistent link: https://www.econbiz.de/10003941706
This paper analyzes the joint effect of EPL and financial market imperfections on investment, capital …-labour substitution, labour productivity and job reallocation in a cross-country framework. In the spirit of Rajan and Zingales (1998) and … stronger in firms with lower levels of internal resources. We find that, on average, EPL reduces investment per worker, capital …
Persistent link: https://www.econbiz.de/10003832294
We investigate the returns to capital and capital accumulation using panel data of Peruvian micro enterprises (MEs). Marginal returns to capital are found to be very high at low levels of capital, but rapidly decreasing at higher levels. The dynamic analyses of capital accumulation in MEs...
Persistent link: https://www.econbiz.de/10009627349
loans on production and investment decisions, input use, and yields. Using a multiple treatment methodology, it explores the … important as lack of funding for new investment in capital for rural producers in Mexico. Producers benefit from easing their …
Persistent link: https://www.econbiz.de/10012581494
This paper examines international temporary migration as an intermediary step among aspiring entrepreneurs to accumulate the needed capital when they face credit constraints at home. The analysis is based on a representative dataset of lifetime employment histories of return migrants from...
Persistent link: https://www.econbiz.de/10014443865
labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … well. By implication, policies that stimulate investment and R&D and policies that affect the size of the labor force may … productivity. …
Persistent link: https://www.econbiz.de/10011412072