Showing 1 - 10 of 120
institutionalist approach to understand how banks construct and manage risk, relating to SME business. The empirical analysis is based …
Persistent link: https://www.econbiz.de/10013102832
Recent field evidence suggests a positive link between overconfidence and innovative activities. In this paper we argue that the connection between overconfidence and innovation is more complex than the previous literature suggests. In particular, we show theoretically and experimentally that...
Persistent link: https://www.econbiz.de/10010316868
A large body research shows a positive relationship between wealth and entrepreneurship and interprets the relationship … entrepreneurship and a different measure of wealth - net housing equity - for the two groups. Second, we examine the liquidity … probability of entrepreneurship by 17 percent and that the effect is not concentrated at the upper tail of the distribution. These …
Persistent link: https://www.econbiz.de/10010288115
measure of entrepreneurship derived from matching files from the Current Population Survey (CPS) is used to provide the first …. Estimates indicate that hi-tech entrepreneurship rates were lower in Silicon Valley than the rest of the United States during … the period from January 1996 to February 2000. Examining the post-boom period, we find that entrepreneurship rates in …
Persistent link: https://www.econbiz.de/10010288172
conditions whichfurther influenced SME development. By surveying the existing literature on SME development,this paper … illustrates that as the transition process progresses, entrepreneurship development intransition countries is a story of … increasing divergence. The transitional context providesunique opportunities for entrepreneurship activities to develop. However …
Persistent link: https://www.econbiz.de/10005868155
The transitional economies of the Former Soviet Union (FSU) have enjoyed an extraordinary period of growth and poverty reduction between 2000 and 2007 and this occurred in concomitance with significant increases in private and public transfers to households. The paper assesses the relative...
Persistent link: https://www.econbiz.de/10010335984
The paper analyzes why households in transition economies prefer to hold sizeable shares of their assets in cash at home rather than in banks. Using survey data from ten Central, Eastern and Southeastern European countries, I document the relevance of this behavior and show that cash preferences...
Persistent link: https://www.econbiz.de/10013370095
It has been shown, for non-Communist developed and developing countries, that earlier development of agriculture, a dense population, and a state-level polity is associated with a higher income and more rapid economic growth in the late 20th Century. We investigate whether this was also the case...
Persistent link: https://www.econbiz.de/10010318883
The collapse of the Soviet Union initiated an unprecedented social and economic transformation of the successor countries and altered the gender balance in a region that counted gender equality as one of the key legacies of its socialist past. The transition experience of the region has amply...
Persistent link: https://www.econbiz.de/10011784648
This study investigates the cyclical character of fiscal policy in transition countries in Central, Eastern and Southeastern Europe (CESEE) in the period from 1995 to 2011, using system GMM as the preferred estimation method for the underlying sample and model specification. The study finds...
Persistent link: https://www.econbiz.de/10011785361