Showing 1 - 5 of 5
easing entrepreneurial investments for credit-constrained individuals whose investment possibilities depend on their income …
Persistent link: https://www.econbiz.de/10010267484
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/10010267908
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 …
Persistent link: https://www.econbiz.de/10010269019
This paper analyzes the joint effect of EPL and financial market imperfections on investment, capital … 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/10010275886
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/10010289847