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creation of wealth (entrepreneurship) and the reconstitution of wealth (philanthropy). Philanthropy has been part of the … way for future economic growth. This entrepreneurship-philanthropy nexus has not been fully explored by either economists … have made their own fortunes - create foundations that, in turn, contribute to greater and more widespread economic …
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We assess the impact of credit constraints on investment, inventories and other working capital and firm growth with a …, as firms with poor investment and growth opportunities may have a higher probability of being credit constrained. We … implement several strategies to overcome this obstacle: proxies for investment opportunities, lagged regressors, random effects …
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