• Abstract
  • Non-technical summary
  • 1 Introduction
  • 2 Data
  • 2.1 EVCA yearbooks
  • 2.2 Amadeus database
  • 2.3 US industry-level entry data
  • 2.4 Sample construction
  • 3 Empirical methodology
  • 4 Results
  • 4.1 Private equity and entry: main results
  • 4.2 Private equity and entry: contemporaneousvs. long-term effect
  • 4.3 Alternative measures of propensity to entry
  • 4.4 Private equity and access to fi nance
  • 4.5 Endogeneity and selection
  • 4.6 Robustness
  • 5 Conclusion
  • References
  • Tables
  • Appendix
  • European Central Bank Working Paper Series