Institutions, finance and the level of development:the impact on entrepreneurship in transition

We investigate the impact of institutions on entrepreneurial entry, based on a large cross-country sample, combining working age population data generated by the GEM project with macro level indicators. Our four key findings indicate that: (a) institutional obstacles to entrepreneurship have different impact in rich countries compared to poor countries; (b) institutional obstacles have a stronger impact on 'opportunity entrepreneurship' than on 'necessity entrepreneurship'; (c) two institutional indicators - property right protection and access to finance - appear to have a dominant impact on entrepreneurship; (d) institutions have a long term impact. More than ten years after the Soviet system imploded in Central and Eastern Europe, these countries still experience significantly lower levels of entrepreneurship than economies coming from different legal traditions.

Finance and entrepreneurial entry

This paper investigates the determinants of both the volume of finance and the sources of finance of business start-ups in 42 countries. Using the Global Entrepreneurship Monitor (GEM) surveys for 1998-2003, we jointly examine how the institutional business environment and individual characteristics of entrepreneurs affect the financing of entrepreneurs. We find that the property rights system is the most significant determinant of both the total volume of finance and of the use of external finance for the individual start-up project. In addition, our findings suggest that that the supply of informal finance is associated with the higher share of external sources in start-up finance, whereas the size of the formal financial sector appears to play a more important role for the volume of entrepreneurial self-finance. Our results suggest that the use of external finance by start-ups correlates with the extent of financial restrictions in a country in a non-monotonic way. We find that some financial restrictions may enhance the use of external funds by entrepreneurs, yet the sign of this effect reverses and the coefficient becomes stronger for the high level of financial repression by the government. Finally, our findings imply that the characteristics of the start-up finance are also affected by various individual characteristics of entrepreneurs, their growth intentions and ownership structure.

Polish EU accession in comparative perspective:macroeconomics, finance and the government

This book is a collection of papers that focusses on the macroeconomic and financial aspects of EU accession of its largest new member, Poland, seen in comparative perspective. Two main themes are covered. One relates to empirical estimations, evaluating the effects of integration on fiscal balance, prices, seigniorage wealth and FDI flows. The second theme relates to institutional reform and policy recommendations. Discussion focuses on how transparency and fiscal rules, including those implied by EU accession, may help to reduce the deficit bias in fiscal policy; what is the institutional framework for low inflation and how to make the insurance sector regulation more efficient, including its implications for insurance offer for small and medium-size enterprises. Last but not least, the Irish model of development and the role of the foreign direct investment in it is discussed, including the applicability of the Irish policy in Poland and other new EU member states.

Hiring Schedule: Deans Office, Finance and Administration, Teaching Faculty Y1 and Y2, Clinical Sciences

A hiring schedule for the Dean's Office based on a three year plan.

Islamic Infrastructure Finance and Sustainable Development Goals

This was a very interesting discussion with the pioneers of Islamic finance regarding infrastructure finance and the sustainable development goals.

Essays in International Finance and Macroeconomics

Thesis (Ph.D.)--University of Washington, 2016-08

Report on the Status of Findings and Recommendations from the City of Lambs Grove Periodic Examination Report dated September 4, 2014 for the period June 1, 2015 through February 29, 2016

Report on the Status of Findings and Recommendations from the City of Lambs Grove Periodic Examination Report dated September 4, 2014 for the period June 1, 2015 through February 29, 2016

Report on the Status of Findings and Recommendations from the City of Bertram’s Periodic Examination Report dated August 27, 2014 for the period August 1, 2015 through July 31, 2016

Report on the Status of Findings and Recommendations from the City of Bertram’s Periodic Examination Report dated August 27, 2014 for the period August 1, 2015 through July 31, 2016

Report on the Status of Findings and Recommendations from the City of Olin’s Periodic Examination Report dated November 17, 2014 for the period June 1, 2015 through April 30, 2016

Report on the Status of Findings and Recommendations from the City of Olin’s Periodic Examination Report dated November 17, 2014 for the period June 1, 2015 through April 30, 2016

Report on the Status of Findings and Recommendations from the City of Kelley’s Periodic Examination Report dated December 11, 2014 for the period April 1, 2015 through March 31, 2016

Report on the Status of Findings and Recommendations from the City of Kelley’s Periodic Examination Report dated December 11, 2014 for the period April 1, 2015 through March 31, 2016

Report on the Status of Findings and Recommendations from the City of Low Moor’s Periodic Examination Report dated November 13, 2014 for the period November 1, 2015 through July 31, 2016

Report on the Status of Findings and Recommendations from the City of Low Moor’s Periodic Examination Report dated November 13, 2014 for the period November 1, 2015 through July 31, 2016

Agreed-upon procedures report on the City of Coggon, Iowa and the Coggon Municipal Light Plant for the period April 1, 2015 through March 31, 2016

Agreed-upon procedures report on the City of Coggon, Iowa and the Coggon Municipal Light Plant for the period April 1, 2015 through March 31, 2016