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We ask whether local agglomeration affects how recessions impact on entrepreneurship by comparing the probability of being an entrepreneur before and after the Great 2008 Recession in local labour markets where industrial districts are present and in comparable areas. Using Italian Labour Force...
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This paper assesses the prospects of a 2021 time bomb in small and medium-sized enterprises (SME) failures triggered by …
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economic activity in Italy during the 2008-2014 crisis period. The three endogenous variables considered are the loan interest … the level of real economic activity. Furthermore, the results show that credit crunch hits the North of Italy less than … the remaining macro-regions, especially the South-Italy …
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