[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_row_inner row_type="row" type="full_width" text_align="left" css_animation=""][vc_column_inner][vc_column_text] ABOUT THIS PROJECT [/vc_column_text][vc_column_text] Published in Review of Financial Studies [/vc_column_text][vc_empty_space height="16px"][vc_column_text] ABSTRACT [/vc_column_text][vc_column_text]Do business accelerators affect new venture performance? We investigate this question in the context of Start-Up Chile, an ecosystem accelerator. We focus on two treatment conditions...

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_row_inner row_type="row" type="full_width" text_align="left" css_animation=""][vc_column_inner][vc_column_text] ABOUT THIS PROJECT [/vc_column_text][vc_column_text]R&R Journal of Financial Economics[/vc_column_text][vc_empty_space height="16px"][vc_column_text] ABSTRACT [/vc_column_text][vc_column_text] We estimate the sensitivity of investment to the cost of outside equity for young firms. For estimation, we exploit differences across firms in eligibility to a new...