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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Felix, Sonia
Weitere Verfasser: Maggi, Chiara
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2019.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2019/276
Online Zugang:Full text available on IMF