The financial crisis is considered a major economic issue and energy consumption and
pollution are believed to be one of the most important environmental concerns in the new …

Entrepreneurship and Financial Frictions: A Macrodevelopment Perspective | Annual Reviews
Menu Publications AZ Journal Information About Subscribe Give Personal Register/Sign-in 0 …

Why do living standards differ so much across countries? A consensus in the development
literature is that differences in productivity are a dominant source of these differences. But …

We quantify the amount of spatial misallocation of labor across US cities and its aggregate
costs. Misallocation arises because high productivity cities like New York and the San …

The long-term extensive economic development has caused China's resource and
environmental problems, especially the resource misallocation. The way China prioritises its …

In this paper, we aim to detect whether the instability of financial industry will restrict the
global green evolution. To this end, by applying a sample dataset of 47 countries for the …

We use producer-level data to evaluate the role of financial frictions in determining total
factor productivity (TFP). We study a model of establishment dynamics in which financial …

A quantitative investigation of financial intermediation in the United States over the past 130
years yields the following results:(i) the finance industry's share of gross domestic product …

We develop a quantitative framework to explain the relationship between aggregate/sector-
level total factor productivity (TFP) and financial development across countries. Financial …

The study assesses the role of financial development on income inequality in a panel of 48
African countries for the period 1996–2014. Financial development is defined in terms of …