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of business networks on firm performance. We randomized 2,800 firms into small groups whose managers held monthly … exhibited higher growth. We exploit additional interventions to document concrete channels. (4) Managers shared exogenous …
Persistent link: https://www.econbiz.de/10012455729
We propose a network model of firm volatility in which the customers' growth rate shocks influence the growth rates of … customer networks display lower volatility. Over time, the volatilities of all firms co-move strongly, and their common factor …
Persistent link: https://www.econbiz.de/10012459196
We study how the disclosure of corrupt practices affects the growth of firms involved in illegal interactions with the …
Persistent link: https://www.econbiz.de/10012814402
GDP. This paper shows that changes in population growth provide a unified quantitative explanation for these long …-term changes. The mechanism goes through firm entry rates. A decrease in population growth lowers firm entry rates, shifting the …
Persistent link: https://www.econbiz.de/10012481030
entrepreneurship. Building on Guzman and Stern (2015a; 2015b), this paper offers new evidence to inform this debate by estimating … that the probability of a significant growth outcome (either an IPO or high-value acquisition) is highly skewed and … predicted by observables at or near the time of business registration: 69% of realized growth events are in the top 5% of our …
Persistent link: https://www.econbiz.de/10012456579
predictors of loan growth, we document, first, that we achieve high rates of predictive power. Second, "soft" information … (entrepreneurs' motivations for entrepreneurship and constraints faced) has predictive power over and above administrative data …
Persistent link: https://www.econbiz.de/10014337852
issues at the core of this ongoing debate. We find that the relationship between firm size and employment growth is sensitive … between firm size and growth. Our findings highlight the important role of business startups and young businesses in U.S. job …
Persistent link: https://www.econbiz.de/10012462359
") experience the greatest financial constraints to growth, while the growth of small, mature firms is least financially constrained …
Persistent link: https://www.econbiz.de/10012456937
We document the presence of multiple and varied constraints to small and medium firm growth. This presents both a …
Persistent link: https://www.econbiz.de/10012457695
small enterprises generate more employment growth than larger firms? We use the elimination of small-scale industry (SSI … manufacture by small and medium establishments. We identify the consequences for employment growth, investment, output …-reserved. Districts more exposed to de-reservation experienced higher employment and wage growth. The results suggest that promoting …
Persistent link: https://www.econbiz.de/10012458175