The effect of the US–China trade war on Chinese new firm entry
Sign Up to like & getrecommendations! Published in 2021 at "Economics Letters"
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
Sign Up to like & getrecommendations! Published in 2020 at "Review of Economic Dynamics"
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