Plausibly Exogenous [1719] - VC Funding (10/17/2024)

LHS Variable
VC investment

RHS Variable
Liquidity

Source of Exogenous Variation
The establishment of the Shenzhen Small and Medium Enterprises Board (SME Board)

- Liu, Cao, Johan, and Leng (2017), “The real effect of liquidity provision on entrepreneurial financing: evidence from a natural experiment in China”