Showing 1 - 10 of 358
We examine the conditions required for the existence of private credit bureaus, their ownership and coverage. Our model implies that bank consortia will most likely be preferred by banks, but that they will lead to restricted coverage. Independent credit bureaus have higher coverage, but they...
Persistent link: https://www.econbiz.de/10012143788
In this paper, we study N-player Colonel Blotto games with incomplete information about battlefield valuations. Such games arise in job markets, research and development, electoral competition, security analysis, and conflict resolution. For M Ï N + 1 battlefields, we identify a Bayes-Nash...
Persistent link: https://www.econbiz.de/10012439349
In recent years, a number of electronic limit order markets have reintroduced market makers for some securities (Designated Market Makers). This trend has mainly been initiated by financial intermediaries and listed firms themselves, without any regulatory pressure. In this paper we ask why...
Persistent link: https://www.econbiz.de/10012143746
What locations generate more business ideas, and where are ideas more likely to turn into businesses? Using comprehensive administrative data on business applications, we analyze the spatial disparity in the creation of business ideas and the formation of new employer startups from these ideas....
Persistent link: https://www.econbiz.de/10014388423
entrepreneurship, which might be responsible for different effects of start-up activity on regional development. Therefore, we examine … the growth implications rural entrepreneurship might have on the local economy. Our results suggest that new business … counties. The results also unveil that the often-cited inverse U-shaped relationship between entrepreneurship and GDP growth is …
Persistent link: https://www.econbiz.de/10014464092
economies depends critically on structural transformation and theemergence of productive entrepreneurship that would accelerate …) constraints and develops a theoreticalframework that examines the main obstacles to entrepreneurship in Africa’s LDCs. The … economies, development of productive entrepreneurship cannot be left tomarkets alone. The policy analysis suggests that the …
Persistent link: https://www.econbiz.de/10009360486
context along a continuum of where entrepreneurship takes place and when this happens. Where context has been studied in … embeddedness of women entrepreneurs or the institutional environment for women's entrepreneurship. We contribute to the literature … institutional contexts for women's entrepreneurship and their intersections, as informed by entrepreneurship, gender and geography …
Persistent link: https://www.econbiz.de/10010335864
This paper utilizes German tax data to present evidence about the direct and indirect effects of new firm formation. Cohort analysis is applied to investigate survival, sales, inputs, and value added of start-up firms. Most drop-outs occur in the early years. We show that start-up...
Persistent link: https://www.econbiz.de/10010369574
promoting: i) micro-entrepreneurship in Brazil; and ii) the formalisation of entrepreneurs. Regarding the promotion of micro-entrepreneurship …
Persistent link: https://www.econbiz.de/10011335902
credit constraints and informal financial assistance in explaining entrepreneurship. Previous research focuses exclusively on …
Persistent link: https://www.econbiz.de/10011335903