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The aim of this study is to explore the previously unresearched outcomes of firms funded through equity crowdfunding, a novel type of entrepreneurial finance. We study the outcomes of a sample of 337 firms funded on equity crowdfunding platforms in Europe between 2009 and 2014. By incorporating...
Persistent link: https://www.econbiz.de/10013030990
This text is for the relation between credit default swap (CDS) spreads and some chosen macro economic data in Turkish … general view of economy except the investee securities. In this study, the relation between the interest rates of CDS spreads … and GDP is determined over time …
Persistent link: https://www.econbiz.de/10013050744
–2016. In addition to the relative external price level of GDP, we quantified an alternative indicator for the RER: the internal … relative price of services to goods, as measured from the expenditure side of GDP. We interpreted RER-misalignments as … terms of relative real GDP-growth. As for price levels and the relative price of services to goods, a rapid convergence …
Persistent link: https://www.econbiz.de/10012012148
Structural funds are the most intensively used policy instrument by the EuropeanUnion to promote economic growth in its member states and to speed up the process ofconvergence. This paper empirically explores the effectiveness of European Structural Fundsby means of a panel data analysis for 13...
Persistent link: https://www.econbiz.de/10011327526
This paper purports to apply the balance of payments constrainedgrowth model to explain the European growth performance in the last forty years and to discuss the likely prospects for the future. After a formal reconsideration of the long-run and short-run arguments supporting the validity of...
Persistent link: https://www.econbiz.de/10002420754
The accumulation of the human capital stock plays a key role to explain the macroeconomic performance across regions. However, despite the strong theoretical support for this claim, empirical evidence has been not very convincing, probably because of the low quality of the data. This paper...
Persistent link: https://www.econbiz.de/10003793935
The accumulation of the human capital stock plays a key role to explain the macroeconomic performance across regions. However, despite the strong theoretical support for this claim, empirical evidence has been not very convincing, probably because of the low quality of the data. This paper...
Persistent link: https://www.econbiz.de/10009729665
The accumulation of the human capital stock plays a key role to explain the macroeconomic performance across regions. However, despite the strong theoretical support for this claim, empirical evidence has been not very convincing, probably because of the low quality of the data. This paper...
Persistent link: https://www.econbiz.de/10012765316
The article discusses the economic growth models in post-Communist countries of European Union and Eastern Partnership states. According to the combinatorial augmentation concept, there are new combinations for which the resources for old combinations are practically useless as they require the...
Persistent link: https://www.econbiz.de/10012910780
reforms that can increase their potential GDP. Moreover, as our results suggest that the harmful impact of debt on growth does …
Persistent link: https://www.econbiz.de/10012959846