George Bernard Shaw írta egy darabjában, hogy a férfiak és a nők neveltetését a veszekedés közbeni viselkedésük mutatja a legjobban. E fanyar szellemesség parafrázisaként összegezhetjük úgy Laki Mihály könyvének mondanivalóját, hogy a piacgazdasági neveltetés erejét a...

A tanulmány alapjául szolgáló empirikus felvétel abból indult ki, hogy az átalakuló országokban a beruházási tevékenység változása, a vállalati beruházások növekedése jól jelzi a tömeges stratégiai alkalmazkodás kezdetét. A szerző négy ország (Lengyelország,...

Financial frictions distort the allocation of resources among productive units--all else equal, firms whose financing choices are affected by such frictions face higher borrowing costs than firms with ready access to capital markets. As a result, input choices may differ systematically across...

We partnered with a micro‐lender in Mali to randomize credit offers at the village level. Then, in no- loan control villages, we gave cash grants to randomly selected households. These grants led to higher agricultural investments and profits, thus showing that liquidity constraints bind with...

The investment decisions of small‐scale farmers in developing countries are conditioned by their financial environment. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We conducted several experiments in northern Ghana...

Using internal data of a leasing company in Germany, we examine the determinants of the probability and use of leasing by small firms. We find that small and young firms are likely to be constrained on the leasing market but use leasing to increase their debt capacity. Beyond contract- and...

Empirical evidence shows that vertically integrated producers are more productive, bigger and are matched to better suppliers (with high productivity and size). I present a dynamic stochastic model of an industry with heterogeneous firms interacting as buyers and sellers, and market frictions...

Este es el cuarto capítulo de un libro sobre Microeconomía de pre grado, que además de presentar los temas estudiados a nivel intuitivo, gráfico y matemático, incorpora los elementos institucionales y de contexto de un país como el Perú, así como las relaciones de género allí donde es...