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Liquidity Constraints, Household Wealth, and Entrepreneurship Revisited
Fairlie, Robert W.; Krashinsky, Harry A. - CESifo - 2012
A large body research shows a positive relationship between wealth and entrepreneurship and interprets the relationship … entrepreneurship and a different measure of wealth – net housing equity – for the two groups. Second, we examine the liquidity …
Persistent link: https://www.econbiz.de/10010877695
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Indian Entrepreneurial Success in the United States, Canada and the United Kingdom
Fairlie, Robert W.; Krashinsky, Harry A.; … - CESifo - 2013
Indian immigrants in the United States and other wealthy countries are successful in entrepreneurship. Using Census …
Persistent link: https://www.econbiz.de/10010721607
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Corporate Tax Policy, Entrepreneurship and Incorporation in the EU
Mooij, Ruud A. De; Nicodème, Gaëtan J.A. - CESifo - 2006
panel of European data on firm births and legal form of business to analyze income shifting via increased entrepreneurship … and incorporation. The results suggest that lower corporate taxes exert an ambiguous effect on entrepreneurship. The …
Persistent link: https://www.econbiz.de/10005094315
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Business Decision-Making under Uncertainty: Evidence from Employment and Number of Businesses
Ghosal, Vivek; Ye, Yang - CESifo - 2013
Using the framework provided by the asymmetric-information and real-options theories, we examine the impact of uncertainty on firms’ decisions and market outcomes. We construct alternative measures of uncertainty based on survey of professional forecasters and our estimation of...
Persistent link: https://www.econbiz.de/10010674454
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Liquidity Constraints, Household Wealth, and Entrepreneurship Revisited
Fairlie, Robert W.; Krashinsky, Harry A. - Economics Department, University of California-Santa … - 2011
entrepreneurship and a different measure ofwealth – net housing equity – for the two groups. Second, we examine the liquidity … entrepreneurship by 17 percent and that the effect is not concentrated at theupper tail of the distribution. These estimates are not …
Persistent link: https://www.econbiz.de/10011130617
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Uncertainty and the Employment Dynamics of Small and Large Businesses
Ghosal, Vivek; Ye, Yang - CESifo - 2014
We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based on the survey of professional forecasters, and regression-based forecasting models for GDP growth, inflation, S&P500 stock price index, and fuel prices. Our results indicate...
Persistent link: https://www.econbiz.de/10010960647