Showing 1 - 10 of 11
In a classic paper, Schelling (1971) showed that extreme segregation can arise from social interactions in white preferences: once the minority share in a neighborhood exceeds a critical "tipping point," all the whites leave. We use regression discontinuity methods and Census tract data from...
Persistent link: https://www.econbiz.de/10012465602
This paper develops a model of social interactions and endogenous poverty traps. The key idea is captured in a framework in which the likelihood of future social interactions with members of one's group is partly determined by group-specific investments made by individuals. I prove three main...
Persistent link: https://www.econbiz.de/10012466301
We use confidential and restricted-access data from the Kauffman Firm Survey and matched administrative data on credit scores to explore racial disparities in access to capital for new business ventures. The novel results on racial inequality in startup financing indicate that black-owned...
Persistent link: https://www.econbiz.de/10012482373
Between the Civil War and the turn of the nineteenth century there were many prominent African American jockeys. They rode winners in all of the Triple-Crown races. But at the turn of the century they were forced out. This paper uses a new data set on the Triple-Crown races, which includes odds...
Persistent link: https://www.econbiz.de/10012482386
. A second class of theories hypothesizes that some places are endowed with a greater supply of entrepreneurship. Evidence … on sales per worker does not support the higher returns for entrepreneurship rationale. Our evidence suggests that … entrepreneurship is higher when fixed costs are lower and when there are more entrepreneurial people …
Persistent link: https://www.econbiz.de/10012463273
entrepreneurship. We highlight two main characteristics of the program that make it attractive as an entrepreneurship policy: early … the incidence of biomedical entrepreneurship through SBIR and describe some of the characteristics of these individuals …
Persistent link: https://www.econbiz.de/10012467229
This paper begins the task of explaining why the American business elite has remained white, male and mostly native-born Protestants for a century, as verified in a previous paper (Temin, 1997). I argue that the evidence is inconsistent with the hypotheses that the stability is due to...
Persistent link: https://www.econbiz.de/10012471993
Black entrepreneurship has been unsuccessful in the U.S. The fraction of employed blacks that work in their own …
Persistent link: https://www.econbiz.de/10012475461
We examine the impact of local racial demonstrations, such as Black Lives Matter (BLM) protests, and the subsequent racial justice movement following the death of George Floyd on racial disparities in Paycheck Protection Program loan disbursements to small businesses. Using...
Persistent link: https://www.econbiz.de/10014544755
), discouraging innovative product competition and entrepreneurship. The larger part of cost escalation in US health care can be …
Persistent link: https://www.econbiz.de/10005642395