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In developing and transition economies, microlending has become an effective instrument for providing micro businesses with the necessary financial resources to launch operations. In the industrialized countries, with their highly developed banking systems, however, there has been ongoing debate...
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This paper analyzes return migrants' occupational choice upon their return to their home village, by using an original rural household survey conducted in Wuwei county (Anhui province, China) in 2008. We apply two complementary approaches : a horizontal comparative analysis of occupational...
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entrepreneurship in Germany between 1991 and 2010, the first two decades after reunification. We investigate the socioeconomic …
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This paper shows that utility differences between the self-employed and employees increase with financial development. This effect is not explained by increased profits but by an increased value of non-monetary benefits, in particular job independence. We interpret these findings by building a...
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entrepreneurship and rent-seeking behavior. It comprises the introduction of employed concepts, the discussion of the allocation of … entrepreneurs between different types of economic projects, namely between innovative entrepreneurship and rent-seeking, as well as … the explicative factors of the allocation. Interactions between entrepreneurship, rent-seeking and growth are considered …
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