Narrow search
Showing 1 - 10 of 2,623
Cover Image
Excess leverage and productivity growth in emerging economies : is there a threshold effect?
Coricelli, Fabrizio; Driffield, Nigel L.; Pal, Sarmistha; … - 2010
The paper examines the relationship between leverage and growth in a group of emerging central and eastern European countries, who are at different levels of financial market development. We hypothesize a non-linear relationship in that moderate leverage could boost growth while very high...
Persistent link: https://www.econbiz.de/10003944314
Cover Image
Entrepreneurship in the shadows : wealth constraints and government policy
Tumen, Semih - 2016
-developed countries (LDCs) - induce tax avoidance, discourage investment in formal businesses, and drive the entrepreneurial activity …
Persistent link: https://www.econbiz.de/10011580568
Cover Image
Severance pay and corporate finance : empirical evidence from a panel of Austrian and Italian firms
Cardinale, Mirko (contributor);  … - 2004 - [Elektronische Ressource]
This paper examines the empirical link between severance pay and corporate finance. Severance pay is an economic debt of the employer and hence should be taken into account by the market in its assessments of risk. Using a hand collected dataset of accounting data from Italy and Austria we find...
Persistent link: https://www.econbiz.de/10002482572
Cover Image
Distribution of natural resources, entrepreneurship and economic development : growth dynamics with two elites
Falkinger, Josef (contributor);  … - 2005
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 … evidence on transition economies. -- credit constraints ; distribution ; economic development ; entrepreneurship ; institutions …
Persistent link: https://www.econbiz.de/10003225929
Cover Image
Do SBA loans create jobs?
Brown, J. David; Earle, John S. - 2013
Small Business Administration (SBA) loans have long been one of the most significant policy interventions in the U.S. affecting firm behavior, but little is known about their outcomes. This paper estimates the effects on employment using a list of all SBA loans linked to annual data on all U.S....
Persistent link: https://www.econbiz.de/10009786960
Cover Image
Finance, gender, and entrepreneurship: India's informal sector firms
Gang, Ira N.; Raj, Rajesh S. N.; Sen, Kunal - 2020
access in promoting entrepreneurship among informal sector firms in India. Our results are robust to alternative …
Persistent link: https://www.econbiz.de/10012314972
Cover Image
Risk preference and entrepreneurial investment at the top of the wealth distribution
Fossen, Frank M.; König, Johannes; Schröder, Carsten - 2020
We present first evidence how individual risk preferences shape entrepreneurial investment among the very wealthy using … wealth, such as tax policy and bankruptcy law, affect risky investment decisions at the top of the wealth distribution in … ways strongly determined by individual risk tolerance. Since the wealthy dominate aggregate risky investment, their risk …
Persistent link: https://www.econbiz.de/10012389043
Cover Image
Impact of financial crises on dynamics of capital structure : evidence from Korean listed companies
Tsoy, Lyubov; Heshmati, Almas - 2017
This study examines the impact of 1997 Asian and 2008 Global financial crises on the capital structure of Korean listed companies. Using a data set covering 1,159 Korean listed non-financial firms from 10 industrial sectors over period 1985-2015, the pattern of firms' capital structure before...
Persistent link: https://www.econbiz.de/10011612999
Cover Image
Partial insurance and investments in children
Carneiro, Pedro; Ginja, Rita - 2015
This paper studies the impact of permanent and transitory shocks to income on parental investments in children. We use panel data on family income, and an index of investments in children in time and goods, from the Children of the National Longitudinal Survey of Youth. Consistent with the...
Persistent link: https://www.econbiz.de/10010510508
Cover Image
The firm size distribution across countries and skill-biased change in entrepreneurial technology
Poschke, Markus - 2014
: the entrepreneurship rate and the fraction of small firms fall with per capita income across countries, while average firm … newly introduces the last three to the literature. It then proposes a simple theory of skill-biased change in …'s potential payoffs in working and in entrepreneurship. If some firms consistently benefit more from technological progress than …
Persistent link: https://www.econbiz.de/10010250019