This paper seeks to empirically analyze the determinants of the business failure rate, i.e., the proportion of businesses that fail. This issue is of obvious importance due to its ramifications for resource allocation, especially that of financial capital, physical capital, and labor. This...

This paper seeks to empirically analyze the determinants of the business failure rate, i.e., the proportion of businesses that fail. This issue is of obvious importance due to its ramifications for resource allocation, especially that of financial capital, physical capital, and labor. This...

This paper is concerned with the simultaneous determination of housing consumption, residential location and the labour supply decisions of one-earner and two-earner households. The model is applied to the city of Bogota, Colombia. It finds that housing consumption and location as well as labour...