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This survey reviews the literature on the political economy of financial structure, broadly defined to include the size of capital markets and banking systems as well as the distribution of access to external finance across firms.The theoretical literature on the institutional basis for...
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We propose a new methodology to recover firm-time varying financial constraints from firms' production behavior. We model financial constraints as the profitability that firms forgo when budget constraints on production inputs bind, impeding them from using the optimal level of inputs and...
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The quest for status is a powerful motivator, but does it affect inequality? This paper presents a novel lab experiment that was designed and conducted to identify the relationship between inequality, status signaling, debt, and conspicuous consumption. It reports three main findings: First,...
Persistent link: https://www.econbiz.de/10012297516
The objective of this paper is to explore the relationship between business information, business networking, access to finance and financial performance of social enterprises. It broadens on theoretical threads from the perspective of resource-based view theory and signalling theory. Hypotheses...
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