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Financial Development, Entrepreneurship, and Job Satisfaction
Bianchi, Milo - HAL - 2012
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...
Persistent link: https://www.econbiz.de/10009647496
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Financial development, entrepreneurship and job satisfaction
Bianchi, Milo - HAL - 2008
This paper shows that utility differences between the self-employed and the 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...
Persistent link: https://www.econbiz.de/10010738704
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Liquidity, risk and occupational choices
Bianchi, Milo; Bobba, Matteo - HAL - 2010
significantly increase entry into entrepreneurship, thereby providing evidence of financial constraints. We then develop a simple … currently received. We interpret these findings as evidence that the program has been effective in promoting micro-entrepreneurship …
Persistent link: https://www.econbiz.de/10010738986