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We examine how institutional and policy reforms affect the relationship between entrepreneurship and growth. We perform … in particular on the interplay between policy and institutional reforms and entrepreneurship. We find that the joint … effect of trade reform and entrepreneurship on growth is negative, suggesting that trade reform diminishes the positive …
Persistent link: https://www.econbiz.de/10004973332
A matching model will explain both unemployment and economic growth by considering the underground sector. Three problems can thus be simultaneously accounted for: (i) the persistence of underground economy, (ii) the ambiguous relationships between underground employment and unemployment, and...
Persistent link: https://www.econbiz.de/10009132744
We study the cultural process through which a society inculcates an entrepreneurial spirit. People work for a guaranteed wage or operate a firm whose return depends on business expertise. The latter is culturally acquired, within the family or outside, and people may choose an occupation...
Persistent link: https://www.econbiz.de/10011108809