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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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2019.
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coleção: | IMF Working Papers; Working Paper ;
No. 2019/276 |
Acesso em linha: | Full text available on IMF |