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The United States Constitution is one of the most important documents in the history because it has set an example of a successful constitutional democracy for the world, and the freedom, peace, and prosperity of American people over last 227 years have been built upon the constitution. Despite...
Persistent link: https://www.econbiz.de/10011112150
formal may also have important effects on GDP growth. This chapter presents some stylized facts about firms' entry and exit … and business environment in Tunisia. Data used to analyze patterns of entry and exit in Tunisian manufacturing industries … and their impact on firm’s performance are presented in Sect. 4.2. The determinants of entry and exit process are …
Persistent link: https://www.econbiz.de/10011260144
exercise the ‘voice’ rather than the ‘exit’ option in their current job. …
Persistent link: https://www.econbiz.de/10005025726
arrangements are happy. Most countries hesitate to leave the peg when it is working properly, and consider exit option only when … that need to be satisfied to ensure an exit without significant economic costs. Historical record of exchange rate …, efficient and deep financial markets do not help with exits. Countries encouraged to exit pegs before they fully liberalize …
Persistent link: https://www.econbiz.de/10005260122
In a local economy, the citizens can react on local policy by exit. Exit induces a shift in the housing demand. The … the housing market. Therefore, it may be asked how effective their exit option is. To answer this question, we work with a …
Persistent link: https://www.econbiz.de/10005790202
Institutions are usually defined as rules of the game. But if rules are dead letters without being enforced, then what is the role of destructive power in the genesis of institutions? This is the first question which will be addressed in the present paper. While the importance of incremental or...
Persistent link: https://www.econbiz.de/10005619541
. We model the decision of adoption, learning entry and exit of firms. These decisions depend on the interaction of …
Persistent link: https://www.econbiz.de/10005621594
of innovations introduced by entrepreneurs. Using internationally comparable data on European countries, entry and exit …
Persistent link: https://www.econbiz.de/10008565948
The paper examines the role of trade patterns in the entry and exit decisions of firms and tests the existence of … symmetry between entry and exit factors. Trade patterns were found, through their entry and exit impact, to affect the …
Persistent link: https://www.econbiz.de/10011109498
This paper compares the success of venture capital investments in the United States and in Europe by analyzing individual venture-backed companies and the value generated within the stage financing process. We document that US venture capitalists generate significantly more value with their...
Persistent link: https://www.econbiz.de/10011111708