Micro, Small, and Medium Enterprises (MSME) sector in Indonesia is recently developing in a rapid way. However, there are still some obstacles to widen its market and to compete in the field of business. Financial Services Authority (FSA) is legalizing crowdfunding system to be implemented in...

This paper examines the state of small and medium enterprises (SMEs) in European and U.S. unregulated stock markets. The analysis compares the performance of both markets, using the weekly adjusted closing index prices of Euronext all share index, NYSE AMEX Composite Index, and the OTCM ADR...

This study evaluated the role of SMEs in tackling unemployment in Nigeria with particular emphasis on the sustainability of the employment generated by SMEs. Annual time-series data were sourced from World Development Indicators (2019) for the period between 1991 and 2018. The study employed the...

In the paper a small scale macroeconometric model for the Euro area is built, relying on cobreaking and fractional cointegration theory. Several linkages relating key macroeconomic variables are found. Firstly, evidence of a common non linear deterministic trend driving the long-run evolution of...

We show that the single-index dynamic factor model developed by Aruoba and Diebold (Am Econ Rev, 100:20-24, 2010) to construct an index of US business cycle conditions is also very useful for forecasting US GDP growth in real time. In addition, we adapt the model to include survey data and...

The Article Studies The Predictive Capabilities Of Qualitative Assessments Of Employment Expectations Obtained From Business Tendency Observations Of Entrepreneurial Activity, Which Are Currently A Widespread Source Of Economic Information Both In National And International Practice. The Study...

We analyse the empirical link between offshoring activities and different dimensions of innovation performance at the firm‐level. In order to identify causal effects running from offshoring to innovation, we use a quasi‐experimental comparison group approach by means of (conditional)...

This work investigates how the export status of the firm influences the patterns of growth at different age classes. We address this research question resorting to a novel set of data that links together the universe of Italian firms and detailed data on export transactions. We find that the...