Fiscal Transfers, Local Government and Entrepreneurship

The Essex Finance Centre (EFiC) warmly invite you to join guest speaker Dr Piotr Danisewicz from the University of Bristol as he presents his work on government spending affect on entrepreneurship.

  • Wed 17 Nov 21

    14:00 - 16:00

  • Online

    Register your Interest

  • Event speaker

    Dr Piotr Danisewicz, University of Bristol

  • Event type

    Lectures, talks and seminars
    Essex Finance Centre (EFiC) Research Seminar Series

  • Event organiser

    Essex Business School

  • Contact details

    Essex Finance Centre (EFiC)

The Essex Finance Centre (EFiC) Research Seminar Series brings you another engaging research seminar with invited guest speaker Dr Piotr Danisewicz. This seminar will explore Dr Danisewicz work on the affect of local governments on entrepreneurial activity.

Seminar abstract

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, and in regions where historical legacies shaped a more positive attitude towards entrepreneurship.


How to attend this seminar

This seminar is free to attend. Register your interest with the seminar organiser and find out how you can join.

This seminar will take place online on Wednesday 17 November 2021 at 2pm.

We encourage you to share this with you friends, classmates and colleagues.


Speaker bio

Piotr Danisewicz is a Senior Lecturer in Finance at the School of Accounting and Finance, University of Bristol, and a Research Fellow at the Department of Banking and Finance, University of Zurich.

Previously, he held positions at Lancaster University and with the International Division of the Bank of England.

His research interests lie in the area of financial intermediation, financial technology, and entrepreneurship.

Piotr’s work has been published in the Review of Financial Studies, the Journal of Financial and Quantitative Analysis, the Journal of International Economics, and the Journal of Financial Intermediation.

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