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non-cognitive outcome important for economic growth. We use international PISA-2006 student-level data to estimate the …
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This paper uses data from the 1980 and 1990 U.S. Censuses to study labor market assimilation of self …
Persistent link: https://www.econbiz.de/10001399319
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The paper investigates whether the impact of regulations on entrepreneurship depends on corruption. We first test … requirements are detrimental to entrepreneurship. Second, we test whether corruption reduces the negative impact of regulations on … entrepreneurship in highly regulated economies. Our empirical analysis for a maximum of 43 countries over the period 2003-2005 shows …
Persistent link: https://www.econbiz.de/10010264142
Using a novel way to identify relationship and transaction banks, we study how banks' lending techniques affect funding to SMEs over the business cycle. For 21 countries we link the lending techniques that banks use in the direct vicinity of firms to these firms' credit constraints at two...
Persistent link: https://www.econbiz.de/10010398626
Consumption risk sharing among U.S. federal states increases in booms and decreases in recessions. We find that small firms' access to credit markets plays an important role in explaining this stylized fact: business cycle fluctuations in aggregate risk sharing are more pronounced in states in...
Persistent link: https://www.econbiz.de/10010264555
skills. Social capital dampens the effects of uncertainty about future income. Our data set consists of 1339 respondents from …
Persistent link: https://www.econbiz.de/10001605264