Showing 1 - 10 of 387
discontinuity design to estimate the impact of unionization on business survival, employment, output, productivity, and wages …
Persistent link: https://www.econbiz.de/10013223179
How does consumer credit access impact job flows, earnings, and entrepreneurship? To answer this question, we build a … new administrative dataset which links individual employment and entrepreneur tax records to TransUnion credit reports …, individuals flow into self-employment. New entrants earn more, borrow significantly using unsecured and secured consumer credit …
Persistent link: https://www.econbiz.de/10013224975
We use supervisory loan-level data to document that small firms (SMEs) obtain shorter maturity credit lines than large firms; have less active maturity management; post more collateral; have higher utilization rates; and pay higher spreads. We rationalize these facts as the equilibrium outcome...
Persistent link: https://www.econbiz.de/10013228992
We analyze how increased access to financing affects firm total factor productivity (TFP) by exploiting a natural experiment following interstate banking deregulations which increased access to bank financing. We find that firms' TFP increases after their states implement these deregulations....
Persistent link: https://www.econbiz.de/10013053481
Conventional wisdom suggests that small businesses are innovative engines of Schumpetarian growth. However, as small businesses, they are likely to face credit rationing in financial markets. If true then policies that promote lending to small businesses may yield substantial economy-wide...
Persistent link: https://www.econbiz.de/10013046172
In this paper, we investigate the effect of federal welfare reform on the employment, hours of work and marriage rates … employment and attachment to the labor market. TANF appears to have had a larger effect on the least educated native-born women …
Persistent link: https://www.econbiz.de/10014124352
This paper shows that firms spread the adverse impacts of local employment shocks across regions through their internal … establishment-level employment responds strongly to employment shocks in other regions in which the firm has establishments …. Consistent with theory, the elasticity of establishment-level employment with respect to shocks in other regions is increasing …
Persistent link: https://www.econbiz.de/10012962723
, fertility and children's living circumstances during 1990-2014. On average, trade shocks differentially reduce employment and …
Persistent link: https://www.econbiz.de/10012962728
Powerful currents have reshaped the structure of families over the last century. There has been (i) a dramatic drop in fertility and greater parental investment in children; (ii) a rise in married female labor-force participation; (iii) a significant decline in marriage and a rise in divorce; (iv)...
Persistent link: https://www.econbiz.de/10012964399
although the employment share in manufacturing is not expanding rapidly, in most of the low-income African countries, the … employment share in manufacturing has not peaked and is still expanding, albeit from very low levels. More work is needed to … understand the implications of these shifts in employment shares for future growth and development in Africa south of the Sahara …
Persistent link: https://www.econbiz.de/10012965954