What is the Impact of Increased Business Competition? /

This paper studies the macroeconomic effect and underlying firm-level transmission channels of a reduction in business entry costs. We provide novel evidence on the response of firms' entry, exit, and employment decisions. To do so, we use as a natural experiment a reform in Portugal that reduc...

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Hlavní autor: Felix, Sonia
Další autoři: Maggi, Chiara
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2019.
Edice:IMF Working Papers; Working Paper ; No. 2019/276
On-line přístup:Full text available on IMF