Piotr Danisewicz
Assistant Professor of Finance
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Piotr Danisewicz is an Assistant Professor of Finance at Tilburg University Tilburg School of Economics and Management in the Netherlands. His research areas include fiscal transfers, local government dynamics, entrepreneurship, and the impact of financial technology on personal bankruptcy. He also explores issues related to private deposit insurance, bank lending, and debtholder monitoring incentives.
Articles (4)
Fiscal transfers, local government, and entrepreneurship
Can local government spending spur entrepreneurial activity? To answer this question, we study a setting where, around multiple pre‐determined and non‐manipulable thresholds, municipalities with lower tax revenues receive direct and different monetary grants from the national budget. Employing a fuzzy regression discontinuity design, we find a positive impact of fiscal transfers on the number of firms, especially sole proprietorships and small firms. The impact is stronger in municipalities where the opposition is more involved in the legislative process or more parties are represented in the municipal council.
Year:
2023
Collaborators (2)
Steven Ongena
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Enrico Onali
Professor of Finance
University of Exeter
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