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This paper assesses the prospects of a 2021 time bomb in SME failures triggered by the generous support policies enacted during the 2020 COVID-19 crisis. Policies implemented in 2020, on their own, do not create a 2021 "time-bomb" for SMEs. Rather, business failures and policy costs remain...
Persistent link: https://www.econbiz.de/10012482634
A framework is developed for macroeconomic policy analysis in four countries of Central Europe (CE) in transition to EU …
Persistent link: https://www.econbiz.de/10012472253
This paper examines the inflation targeting experience in three transition countries: the Czech Republic, Poland and … with disinflation. A key lesson from the experience of the inflation targeting transition countries is that economic … central banks in transition countries do not engage in active manipulation of the exchange rate. The relationship between the …
Persistent link: https://www.econbiz.de/10012469031
Transition in Central Europe is four years old. State firms which dominated the economy are struggling with market … increasing. Will this process of transition accelerate, or slow down? Will unemployment keep increasing? Can things go wrong and … standard, that of the transition from a low to a high productivity sector. But we pay attention to two aspects which strike us …
Persistent link: https://www.econbiz.de/10012474189
Small business owners and others in self-employment have the option to transition to paid work. If there is initial … with experimentation to learn about earnings. This pattern motivates estimating the expected returns to entrepreneurship … found to constitute a substantial portion of the monetary value of entrepreneurship. The model is then used to evaluate …
Persistent link: https://www.econbiz.de/10012455513
n this paper I examine changes in self-employment that have occurred since the early 1980s in the United States. It is a companion paper to a recent equivalent paper that related to the UK. Data on random samples of approximately twenty million US workers are examined taken from the Basic...
Persistent link: https://www.econbiz.de/10012464674
Why do levels of entrepreneurship differ across America's cities? This paper presents basic facts on two measures of … entrepreneurship: the self-employment rate and the number of small firms. Both of these measures are correlated with urban success … entrepreneurship is linked to a large number of small firms in supplying industries. Finally, there is a strong connection between area …
Persistent link: https://www.econbiz.de/10012465095
We use de-identified data from California personal income tax returns to measure the frequency and nature of independent contracting and self-employment work in California. We identify this work by the presence of a Schedule C on the tax return and/or the receipt of a Form 1099 information...
Persistent link: https://www.econbiz.de/10013361982
Immigrants contribute disproportionately to entrepreneurship in many countries, accounting for a quarter of new … employer businesses in the US. We review recent research on the measurement of immigrant entrepreneurship, the traits of …
Persistent link: https://www.econbiz.de/10014544679
, we find that 6% of Republicans and 4% of Democrats become entrepreneurs. This partisan entrepreneurship gap is time …-varying: Republicans increase their relative entrepreneurship during Republican administrations and decrease it during Democratic … entrepreneurship around the elections of President Obama and President Trump, and the strongest effects among the most politically …
Persistent link: https://www.econbiz.de/10013334466