In existing economic literature on finance and economy, it is argued and generally accepted that financial intermediation contributes to economic growth though the contending argument is that financial development is simply a result of economic growth. However, studies on the contribution of...

Using 2005 firm level data for 26 countries in eastern and Central Europe, this paper estimates performance gaps between male and female-owned businesses, while controlling for location by industry and country. The findings show that female entrepreneurs have a significantly smaller scale of...