Two recent national advisory committees on Social Security recommended major shifts in Medicare financing to preserve the financial viability of the Social Security trust funds. This paper estimates the income redistribution consequences of the two proposals, in contrast to current law, using a micro-simulation model of taxes and premiums. These estimates show that while the current Medicare fi...

Access to finance appears to be among the most severe obstacles of the private firms’ growth particularly in developing and less developed countries. Using the micro data over 1,500 enterprises, our study aims to understand the determinants of firm-level access to external finance before and after the global financial crisis 2008-09, and how in general the crisis affected the financing obstacle...

The research focuses on the cooperative relationship and the strategy tendency among three mutually interactive parties in financing: small enterprises, commercial banks and micro-credit companies. Complex network theory and time series analysis were applied to figure out the quantitative evidence. Moreover, this paper built up a fundamental model describing the particular interaction among the...

This paper develops an empirical strategy to estimate whether subsidies to private medical insurance are self-financing in countries where public and private insurance coexist and the latter covers the same treatments as the former. We construct a simulation routine based on a micro-econometric discrete choice model that allows us to evaluate the impact of premium changes on the utilization of ...

This study examines how Sharia Micro KUR Financing operates at BSI KCP Medan Aksara and plays a role in micro business development. research is qualitative descriptive involves observation, documentation interviews. According to research, works well has no problems. Investments are made accurately, which solves any problem. financing the ability solve capital problems, important for They play a...

This article aims to identify the determinants of financing microenterprises in Burundi by microfinance institutions. Using logit model and exploiting data from loan portfolios Burundian institutions, econometric analysis reveals that is strongly correlated with characteristics these and/or those their micro-entrepreneurs on one hand, nature guarantee presented when applying for credit other ha...

There is growing belief that countries with better financing environments are associated with higher economic growth because they facilitate entrepreneurship and hence the Schumpeterian process of 'creative destruction'. This dissertation explores this hypothesis in more detail by understanding how the financing environment for new ventures impacts outcomes such as individuals' decision to beco...