| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w21733 |
| 来源ID | Working Paper 21733 |
| Job Creation, Small vs. Large vs. Young, and the SBA | |
| J. David Brown; John S. Earle; Yana Morgulis | |
| 发表日期 | 2015-11-23 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | Analyzing a list of all Small Business Administration (SBA) loans in 1991 to 2009 linked with annual information on all U.S. employers from 1976 to 2012, we apply detailed matching and regression methods to estimate the variation in SBA loan effects on job creation and firm survival across firm age and size groups. The number of jobs created per million dollars of loans generally increases with size and decreases in age. The results imply that fast-growing firms (“gazelles”) experience the greatest financial constraints to growth, while the growth of small, mature firms is least financially constrained. The estimated association between survival and loan amount is larger for younger and smaller firms facing the “valley of death”. |
| 主题 | Public Economics |
| URL | https://www.nber.org/papers/w21733 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579408 |
| 推荐引用方式 GB/T 7714 | J. David Brown,John S. Earle,Yana Morgulis. Job Creation, Small vs. Large vs. Young, and the SBA. 2015. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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