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, is based only on the largest firms in each economy studied. The present research proposes to consider the effects of … financial, legal, and corruption problems on firm size. Data are taken from a size-stratified survey of over 4,000 firms in 54 … countries.The questions sought to identify obstacles to firm performance and growth internationally. The World Business …
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This Time is Different: Eight Centuries of Financial Folly is one of the best, if not the best, books ever written on the history of financial crises. It presents a comprehensive survey of financial crises utilizing an extraordinary database of macroeconomic and financial series. The massive...
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"There is a rich scholarly literature on sovereign default on external debt. Comparatively little is known about sovereign defaults on domestic debt. Even today, cross-country data on domestic public debt remains curiously exotic, particularly prior to the 1980s. We have filled this gap in the...
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"We study economic growth and inflation at different levels of government and external debt. Our analysis is based on new data on forty-four countries spanning about two hundred years. The dataset incorporates over 3,700 annual observations covering a wide range of political systems,...
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