Liquidity constraints, spillovers, and entrepreneurship: evidence from a cash transfer program
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DOI: 10.1007/s11187-019-00178-1
Abstract: This paper exploits a liquidity shock from a welfare program in Brazil to investigate the role of financial constraints, in opposition to general equilibrium mechanisms, in explaining entrepreneurship. Previous research focuses exclusively on how liquidity… read more here.
Keywords: liquidity constraints; spillovers entrepreneurship; constraints spillovers; entrepreneurship evidence ... See more keywords