Although the development of a new private sector is generally considered crucial to economic transition and development, there has been little empirical research on the determinants of startup firm growth. This paper uses panel data techniques to analyze a survey of 297 new small enterprises in...

Although the development of a new private sector is generally considered crucial to economic transition, there has been rather little empirical research on the determinants of startup firm growth. This paper uses panel data techniques to analyze a survey of 297 new small enterprises in Romania...

La regulación macroprudencial en moneda extranjera puede reducir el riesgo sistémico; sin embargo, se sabe poco acerca de sus consecuencias no deseadas. Propongo un mecanismo teórico en el que el descalce de monedas actúa como un medio para relajar las restricciones crediticias de las...

Summary of Banco de España Working Paper no. 2326