International differences in entrepreneurial finance

@inproceedings{Chavis2010InternationalDI,
  title={International differences in entrepreneurial finance},
  author={Larry W. Chavis and Leora Klapper and I. Love},
  year={2010}
}
This note uses the standardized enterprise survey datasets to systematically study the use of different financing sources for young firms. The authors find that in all countries, younger firms rely less on bank financing and more on informal financing. However, the authors also find that younger firms have better access to bank finance, relative to older firms, in countries with stronger rule of law and better credit information, and that the reliance of young firms on informal finance… Expand
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