This paper proposes a matching model that distinguishes between job creation by existing firms and job creation by firm … Pissarides matching model account for 10 percent of the cyclical variability of the vacancy unemployment ratio displayed by U ….S. data. A calibration of the model that explicitly considers hiring freeze and bankruptcy can account for 20 to 35 percent of …

Korean government has invested significant amount of resources through credit guarantee funds to promote SMEs survival …

This paper analyzes the patent propensity as an outcome of innovative activities of regional SMEs. To achieve the aims … firms designated as innovative SMEs by the government are not performing differently than general firms. Only the CEO … considered to actively promote SMEs innovativeness …

We review the literature on financial constraints and the performance of small and medium enterprises (SMEs). We … consider the important role that SMEs play in the economies of Australia and the Organisation for Economic Cooperation and … Development. We examine the role of financial constraints in SME growth, with emphasis on business cycles and credit access. We …

. This paper investigates how the access to finance affects employment in small and medium-sized enterprises (SMEs) in Sub … an impact evaluation-based approach on firm-level data from 42 African countries, we show that SMEs with access to formal …

.S. employers to estimate the effects of financial access on employment growth. Our methods combine regressions with matching on …