The authors use panel data on the number of new firm registrations in 95 countries to study the impact of the business environment and 2008 financial crisis on new firm registration. The data show that more dynamic formal business creation occurs in countries that provide entrepreneurs with a stable legal and regulatory regime, fast and inexpensive business registration process, more flexible employment regulations, and low corporate taxes. The data...
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INFORMATION
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2010/10/01
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Document de travail de recherche sur les politiques
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WPS5444
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1
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1
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2010/10/01
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Disclosed
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The impact of the financial crisis on new firm registration
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Finance & Private Sector Development
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