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Job growth and finance : are some financial institutions better suited to the early stages of development than others.



Cull, Robert.

Job growth and finance : are some financial institutions better suited to the early stages of development than others.

Bibliografía : páginas 570-572.

Data, 546 ; Instruments, 551 ; Regressions, 554 ; Interactions between firm characteristics and financial structure, 562 ; Additional robustness checks, 566 ; Mechanisms through bank finance spurts firm development, 566 ; Conclusions, 569

This paper examines whether firms from countries in the early stage of development grow more rapidly under a bank-based system that harnesses local information than under a market-based that does not.

02586770


Empleo.
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