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We study the relationship between financial constraints and employment formalization by exploiting heterogeneity in the …
Persistent link: https://www.econbiz.de/10012616359
growth of economic activity. Ignoring the heterogeneity of the financial sector may lead to an underestimation of the excess …
Persistent link: https://www.econbiz.de/10012141557
growth of economic activity. Ignoring the heterogeneity of the financial sector may lead to an underestimation of the excess …
Persistent link: https://www.econbiz.de/10011981623
We study the relationship between financial constraints and employment formalization by exploiting heterogeneity in the …
Persistent link: https://www.econbiz.de/10012165732
We survey theoretical developments in the literature on the limits of arbitrage. This literature investigates how costs faced by arbitrageurs can prevent them from eliminating mispricings and providing liquidity to other investors. Research in this area is currently evolving into a broader...
Persistent link: https://www.econbiz.de/10008530340
Using a database of more than 1,100 firms in the MENA region, this article looks at the determinants of demand for trade credit, particularly access to bank credit, size, age and the quality of the firm's financial structure. We show that the difficulty of gaining acces to bank credit positively...
Persistent link: https://www.econbiz.de/10008853445
In this paper we confirm the existence of improvements of firm productivity when domestic upstream and downstream firms …, help us confirm that these inter-industry productivity improvements can also be generated form a quasi-trade liberalization … event. Upstream linkages are the dominant source of these productivity benefits and are reaped mainly from medium-low tech …
Persistent link: https://www.econbiz.de/10011446278
The effect of labour costs on industry profits, employment and labour income is at the heart of the current European debate on industry competitiveness. High wages paid in European countries such as Germany are generally considered harmful for industry profitability. Though, high wages appear...
Persistent link: https://www.econbiz.de/10010301171
In this paper we confirm the existence of improvements of firm productivity when domestic upstream and downstream firms …, help us confirm that these inter-industry productivity improvements can also be generated form a quasi-trade liberalization … event. Upstream linkages are the dominant source of these productivity benefits and are reaped mainly from medium-low tech …
Persistent link: https://www.econbiz.de/10011561797
total factor and investment-specific productivity measures. Investment-specific productivity measures are reflected by the …
Persistent link: https://www.econbiz.de/10012014429