Despite anecdotal evidence connecting angel and venture capital (VC) financing, there is little systematic evidence on how the two early-stage capital sources interact. To study this topic, I assemble the first comprehensive dataset on angel financing and characterize its size, scope, and role in the early-stage capital market. I use the population of newly incorporated startups located in Cali...

At present, the financing of small and medium-sized enterprises in China’s market economy has caused great concern of the whole society. Small and medium-sized enterprises financing difficulties directly affect our country to complete the “public entrepreneurship, people’s innovation” goal. There are many reasons for the financing difficulties of SMEs, such as the small and medium-sized enterpr...

AIM To evaluate the results of current reforms in Macedonian health sector. METHOD Description and situation analysis, covering the period 1991-1997, are focused on demographic and vital indicators, morbidity and mortality data, elements of health care system, legislation, health insurance, health care financing, and elements of health care reforms. RESULTS The Republic of Macedonia experie...

the purpose of this research is to study the effects of board of director structure on financing constraints for the companies listed on tehran stock exchange (tse). for this purpose, indigenised kaplan and zingales (kz) index  has been used as a proxy for financing constraints. the population consists of 56 companies of tse spanning 2007-2013 and the multivariate logistic regression is used. t...

The National Health Insurance (NHI) scheme was introduced in Ghana in 2004 as a pro-poor financing strategy aimed at removing financial barriers to health care and protecting all citizens from catastrophic health expenditures, which currently arise due to user fees and other direct payments. A comprehensive assessment of the financing and benefit incidence of health services in Ghana was undert...

We use the Medical Expenditure Panel Survey to estimate the direct medical costs of diabetes. Separate estimates of the cost of diabetes are developed from an attributable risk procedure and a two-part regression model. Costs include expenditures to treat diabetes, chronic complications of the disease, and co-morbidities requiring additional health care resources because the person is diabetic....

T he current revolution in rhe delivery of healrh care services in the United States has been marked by a moving away from a feefor-service health care payment sysrem to a managed care system of reimbursement. Historically, there has not been a direct link between those responsible for rhe financing of health care services and those who provide rhe services. Managed care integrates borh rhe con...

This paper constructs a stochastic version of an endogenously growing economy with a public good that raises the productivity of private capital. We explore how growth and welfare are influenced by changes in the mean and variance of productive public spending under two alternative financing methods, mixed money–bond financing and wealth-tax financing. In addition, to evaluate the differences b...