Narrow search
Showing 1 - 10 of 759
Cover Image
Where Are the Real Bottlenecks? Evidence from 20,000 Firms in 60 Countries about the Shadow Costs of Constraints to Firm Performance
Carlin, Wendy; Schaffer, Mark; Seabright, Paul - Institute for the Study of Labor (IZA) - 2007
We use data from over 20,000 firms in 60 countries to identify constraints on the growth of firms. We interpret managers’ answers to survey questions on the extent to which various aspects of their external environment inhibit the performance of their firm as measuring the shadow cost of...
Persistent link: https://www.econbiz.de/10005763555
Cover Image
Relationship between the Real Estate Sector and the Stock Market in Chinese Provinces
Di, Zeyu; Heshmati, Almas; Liu, Sijia - 2022
In China, real estate and the stock market are the two main markets favored by both individual and institutional investors. There is a significant economic link between the two. Therefore, their relationship and long-term and short-term causality can provide good guidance for investors. This...
Persistent link: https://www.econbiz.de/10013351746
Cover Image
The Effect of Firm-Level Investment on Inequality and Poverty around the World
Tosun, Mehmet S.; Watson, Ethan D.; Yildiz, Serhat - 2022
This paper investigates the effect of firm-level investment on the levels of income inequality and poverty. Using a sample of firms from 87 countries for the period from 1979 to 2018, we document that firm-level investment is negatively associated with various measures of income inequality. This...
Persistent link: https://www.econbiz.de/10013470443
Cover Image
Does Reminding of Behavioural Biases Increase Returns from Financial Trading? A Field Experiment
De Paola, Maria; Gioia, Francesca; Piluso, Fabio - 2017
We ran a field experiment to investigate whether nudge policies, consisting in behavioural insight messaging, help to improve performance in financial trading. Our experiment involved students enrolled in a financial trading course in an Italian University who were invited to trade on Borsa...
Persistent link: https://www.econbiz.de/10011744695
Cover Image
The Effects of Access to Credit on Productivity: Separating Technological Changes from Changes in Technical Efficiency
Jimi, Nusrat Abedin; Nikolov, Plamen; Malek, Mohammad Abdul - 2019
Improving productivity among microenterprises is important, especially in low-income countries where market imperfections are pervasive, and resources are scarce. Relaxing credit constraints can increase the productivity of microenterprises. Using a field experiment involving agricultural...
Persistent link: https://www.econbiz.de/10012141151
Cover Image
The Linkages between FDI and Domestic Investment: Unravelling the Developmental Impact of Foreign Investment in Sub-Saharan Africa
Ndikumana, Leonce; Verick, Sher - Institute for the Study of Labor (IZA) - 2008
While the recent increase in foreign direct investment (FDI) to African countries is a welcome development, the question remains as to the impact of these resource inflows on economic development. This study posits that a key channel of the impact of FDI on development is through its effects on...
Persistent link: https://www.econbiz.de/10005763464
Cover Image
Remittances, financial development, and growth
Giuliano, Paola; Ruiz-Arranz, Marta - 2006
Despite the increasing importance of remittances in total international capital flows, the relationship between … remittances and growth has not been adequately studied. This paper studies one of the links between remittances and growth, in … particular how local financial sector development influences a country's capacity to take advantage of remittances Using a newly …
Persistent link: https://www.econbiz.de/10010267976
Cover Image
Does conflict disrupt growth? Evidence of the relationship between political instability and national economic performance
Polachek, Solomon W.; Sevastianova, Daria - 2010
Current empirical growth models limit the determinants of country growth to geographic, economic, and institutional variables. This study draws on conflict variables from the Correlates of War (COW) project to ask a critical question: How do different types of conflict affect country growth...
Persistent link: https://www.econbiz.de/10010269690
Cover Image
Are we there yet? Time for checks and balances on new institutionalism
Iyigun, Murat - 2012
New institutionalism has had considerable success during the last decade in shepherding the debate on sustained economic development. If the sociopolitical, legal and economic transformations in the Anglo-Saxon world in the last three decades prove anything, however, it is that the late Mancur...
Persistent link: https://www.econbiz.de/10010290007
Cover Image
Should easier access to international credit replace foreign aid?
Bandyopadhyay, Subhayu; Lahiri, Sajal; Younas, Javed - 2011
We examine the interaction between foreign aid and binding borrowing constraint for a recipient country. We also analyze how these two instruments affect economic growth via non-linear relationships. First of all, we develop a two-country, two-period trade-theoretic model to develop testable...
Persistent link: https://www.econbiz.de/10010282320