Colaiacovo, Innessa; Dalton, Margaret G.; Pekkala Kerr, Sari - National Bureau of Economic Research - 2022
Over the past half-century, while self-employment has consistently accounted for around one in ten of the United States … self-employment to 23%. This same time period also witnessed declines in "hometown" local entrepreneurship and the … probability of the self-employed being among top earners. Using 2016 data, we show that high startup capital requirements are …