Regulation of Entry and the Distortion of Industrial Organization
Raymond Fisman, Virginia Sarria-Allende
We study the distortions to industrial organization caused by entry regulation. We take advantage of heterogeneity across industries in their natural barriers and growth opportunities to examine...
Small and medium size enterprise financing in Eastern Europe
Klapper, Leora, Sarria-Allende, Virginia, Sulla, Victor
There is currently a large interest in understanding firms'access to finance, particularly in the financing of small- and medium-size enterprises (SMEs). But the financing patterns of SMEs across...
A firm-level analysis of small and medium size enterprise financing in Poland
Klapper, Leora, Sarria-Allende, Virginia, Zaidi, Rida
The authors test competing theories of capital structure choices using firm-level data on firm borrowings. The majority of firms in the dataset are privately owned, young, micro or small and medium...
Trade credit and bank credit : evidence from recent financial crises
Love, Inessa, Preve, Lorenzo A., Sarria-Allende, Virginia
The authors study the effect of financial crises on trade credit in a sample of 890 firms in six emerging economies. They find that although provision of trade credit increases right after the...