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This paper analyzes the importance of information technology (IT) in banking for entrepreneurship. To guide our … entrepreneurship by making it easier for startups to borrow against collateral. We provide empirical evidence that job creation by … lending channel for IT banks, entrepreneurship increases more in IT-exposed counties when house prices rise. In line with the …
Persistent link: https://www.econbiz.de/10012605121
We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based on the survey of professional forecasters, and regressionbased forecasting models for GDP growth, inflation, S&P500 stock price index, and fuel prices. Our results indicate that...
Persistent link: https://www.econbiz.de/10010479342
higher for SMEs. We also obtain evidence of a substantial positive impact on SME employment and labor productivity growth …This paper offers empirical evidence that greater financial inclusion of small and medium enterprises (SMEs) can … countries with higher SME financial inclusion exhibit more effective monetary policy transmission and tax collection. Second, we …
Persistent link: https://www.econbiz.de/10012103763
A defining feature of transition economies is the expansion of the private sector. Motivated by the observation that new enterprises in transition economies seem to have a strong preference for recruiting young people, this paper studies intergenerational redistribution following from market...
Persistent link: https://www.econbiz.de/10014399553
effective engines of inclusive growth, a rethinking of the SME development strategy is needed that makes SMEs' digital … sized enterprises (SMEs) with a view to create jobs and achieve inclusive growth. But while the programs have helped … increase the number of enterprises, growth of SMEs continues to face barriers to growth. As a result, microenterprises …
Persistent link: https://www.econbiz.de/10012300586
Many small middle-income countries (SMICs) in sub-Saharan Africa (SSA) have experienced a moderation in growth in recent years. Although factor accumulation, most notably capital deepening, was crucial to the success of many SMICs historically, this growth model appears to have run its course....
Persistent link: https://www.econbiz.de/10010479340
Persistent link: https://www.econbiz.de/10009756802
Persistent link: https://www.econbiz.de/10010441728
missing pieces in the story of Mauritius''s success …
Persistent link: https://www.econbiz.de/10014400114
Mauritius’s economic performance has been called “the Mauritian miracle” and the “success of Africa” (Romer, 1992 … policies capable of generating 5 percent growth, Mauritius could reach high-income status in 2021, 4 years earlier than under …
Persistent link: https://www.econbiz.de/10014411459