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This paper examines the impact of financial deregulation on entrepreneurship. We assess the impact of credit card deregulation on transitions into self-employment using state-level removal of credit card interest rate ceilings following the US Supreme Court’s 1978 Marquette decision as a...
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Establishment exposure to crime is a frequent occurrence and a major obstacle to business operation in developing … economies. We present a simple theory for the frequency and severity of crime across establishment size that is validated … against the data in South America. We find that high expectation of crime at the establishment- level is strongly associated …
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