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This paper studies whether there is a connection between finance and growth at the firm level. It employs a new dataset … intangible capital and the number of employees. Growth accelerates as firms raise funds. Second, the faster growth is more …. Third, capital market issuances are associated with faster growth among firms located in countries with more developed …
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Large firms pay higher wages. In developing economies, the large-firm wage premium is comparable to the average gap between male and female wages, or two-thirds of the gap between urban and rural wages. There is substantial variation across countries in the share of the premium that is explained...
Persistent link: https://www.econbiz.de/10012114338
This paper investigates the impact of World Bank development policy operations on the quality of economic policy during …) marginal impacts of additional policy actions within the current year; (b) length of the policy engagement with client … countries, and (c) changes over time in the marginal impact of policy actions. The analysis focuses on policy actions that are …
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of 2014-16 was qualitatively different from earlier recent crisis episodes (2008-09 and 2010-11) in that it affected low …
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