The effect of the US–China trade war on Chinese new firm entry
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DOI: 10.1016/j.econlet.2021.109846
Abstract: Abstract This study offers new empirical evidence on the connection between international trade and domestic entrepreneurial activities. Exploiting the tariff variation across industries and time during the recent US–China trade war, we find that the… read more here.
Keywords: firm entry; trade war; china trade; chinese new ... See more keywords
Optimal fiscal policy in a model of firm entry and financial frictions
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DOI: 10.1016/j.red.2019.05.001
Abstract: This paper develops a general equilibrium model of firm entry and financial frictions. Movements in the volatility of firm-level shocks and aggregate productivity generate procyclical entry and a countercyclical firm default rate. We derive analytical… read more here.
Keywords: entry; optimal fiscal; firm entry; firm ... See more keywords
Digital Inclusive Finance and Firm Entry: Dual Mechanism of Alleviating Informational and Financing Constraints
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DOI: 10.1177/21582440251368966
Abstract: This study investigates how digital inclusive finance facilitates firm entry by alleviating informational and financial constraints. We first develop a theoretical model of entrepreneurial decision-making that incorporates both informational and financing constraints. Using panel data… read more here.
Keywords: firm entry; finance; inclusive finance; financing constraints ... See more keywords
Temporary Layoffs, Firm Entry and Exit Dynamics, and Aggregate Fluctuations
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DOI: 10.1257/mac.20230217
Abstract: We build a model to study how the countercyclicality of temporary layoffs affects unemployment, firm entry and exit, and macroeconomic fluctuations. The model can quantitatively generate the rich cyclical dynamics of temporary layoffs, unemployment, and… read more here.
Keywords: layoffs firm; entry exit; temporary layoffs; firm entry ... See more keywords