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Speech, Drugs, and Patent Infringement
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Working paper
When Does Procompetitive Entry Imply Excessive Entry?
In: CEPR Discussion Paper No. DP14991
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Working paper
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Fast Fashion: Theory and Evidence from Portuguese Textile and Clothing Firms
In: CESifo Working Paper No. 8125
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On the Profitability of Cross-Ownership in Cournot Oligopolies: Stock Sizes Matter
In: CESifo Working Paper No. 8503
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Working paper
Deception by Design
In: Loyola Law School, Los Angeles Legal Studies Research Paper No. 2020-25
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Does informality help entrepreneurs achieve firm growth? evidence from a post-conflict economy
This article evaluates the impact of starting-up unregistered and operating informally on small firm growth in Kosovo, the country with the highest levels of informality in Western Balkans. The study uses mixed research methods as an inquiry to combining both qualitative and quantitative forms. Reporting data from 487 business owners extracted from a 2017 nationally representative survey of 8,533 households in Kosovo, 47.7 percent had startedup unregistered and were operating informally at the time of the survey. Using an instrumental variable (IV) estimation with a binary endogenous regressor to estimate the impact of informality (a treatment group) on small firm growth (control group), while controlling for other entrepreneur and firm determinants, a strong positive effect of the informality on firm growth is identified. Entrepreneurs operating informally had an 11.6 percentage points higher probability of achieving their firm growth objectives compared with entrepreneurs operating formally. Yet, the qualitative interviews revealed that growth objectives of small firms were limited, so the unregistered firms outperformed registered firms only under the modest growth objectives. Taking into account the limitations of the study, the implications for theory and policy are proposed to tackle the informality such as incentives of government small business support programs.
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Open Banking in Canada – The Path to Implementation
In: C.D. Howe Institute Commentary 579
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An Experiment on Partial Cross-Ownership in Oligopolistic Markets
In: International Journal of Industrial Organization, Band 78
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What is the Impact of Non-Randomness on Random Choice Models?
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Working paper
Social Preference and Group Identity in the Financial Cooperative
In: University of Zurich, Department of Economics, Working Paper No. 332, August 2019
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Working paper
Is Environmental Hostility in the Eyes of the Beholder? Foreignness, Environmental Perception and Response Mechanisms in Nigeria's Banking Industry
In: Baruch College Zicklin School of Business Research Paper No. 2019-11-02
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Working paper
Integrating Health and Social Care: State or Market?
In: Institute of Economic Affairs Current Controversies No. 69
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Russia-China Cooperation in the Arctic: Problems and Prospects
In: Revista Dilemas Contemporáneos: Educación, Política y Valores, 2019, Edición Especial, Agosto, Artículo no. 61
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