In this paper we use balance-sheet data and information on bankruptcy to study the relationship between investment, financial constraints, and bankruptcy in a posttransition country. Our data constitute a dynamic panel and cover the period 2006–2011, which also allows us to study the impact of...

The basic goal of Regulatory Impact Assessment (RIA) is to improve regulatory quality by ex ante selecting the best alternative using cost-benefit analysis and enabling ex post evaluation of the real impact. Both goals are achievable only when RIA is properly implemented for all potential...