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"We examine the effect of trust on financial investment and contracting decisions in a micro-economic environment where trust is exogenous. Using hand-collected data on European venture capital, we show that the Eurobarometer measure of trust among nations significantly affects investment...
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European nations substitute between employment protection regulations and labor market expenditures (e.g., unemployment insurance benefits) for providing worker insurance. Employment regulations more directly tax firms making frequent labor adjustments than other labor insurance mechanisms....
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successful companies. We examine the long-term financing of these so-called scale-up companies, focusing on the US, Europe and … Canada. The paper first provides a conceptual framework for understanding the challenges of financing scale-ups. It then … shows some data about the various aspects of financing scale-ups in the US, Europe and Canada. Finally the paper raises the …
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