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We provide broad-based evidence of a firm size premium of total factor productivity (TFP) growth in Europe after the …
Persistent link: https://www.econbiz.de/10012487176
How does access to credit impact consumption volatility? Theory and evidence from advanced economies suggests that greater household access to finance smooths consumption. Evidence from emerging markets, where consumption is usually more volatile than income, indicates that financial reform...
Persistent link: https://www.econbiz.de/10014395178
productivity and that they impact the degree of R&D spillovers …
Persistent link: https://www.econbiz.de/10014400689
(FDI) between 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to substantial productivity … gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 11 percent of … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for import-related spillovers, but it …
Persistent link: https://www.econbiz.de/10014403965
productivity (TFP) growth using an extensive dataset that includes various measures of productivity and financial openness for a … strong evidence that FDI and portfolio equity liabilities boost TFP growth while external debt is actually negatively …
Persistent link: https://www.econbiz.de/10014401740
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This paper analyzes how different types of bank funding affect the extent to which banks ration credit to borrowers, and the impact that capital requirements have on that rationing. Using an extension of the standard Stiglitz-Weiss model of credit rationing, unsecured wholesale finance is shown...
Persistent link: https://www.econbiz.de/10012671038