Showing 1 - 10 of 11
Persistent link: https://www.econbiz.de/10012214480
We study the effects of ability and liquidity constraints on entrepreneurship. We develop a three sector Roy model that … on entry into entrepreneurship. The model predicts—and the data confirm—that entrepreneurs are positively selected on … positively selected on collateral, but other self-employed are not; and entrepreneurship is procyclical, but self-employment is …
Persistent link: https://www.econbiz.de/10012906767
Persistent link: https://www.econbiz.de/10012608339
Persistent link: https://www.econbiz.de/10012794346
Persistent link: https://www.econbiz.de/10014584004
Persistent link: https://www.econbiz.de/10014325077
Persistent link: https://www.econbiz.de/10014433257
Persistent link: https://www.econbiz.de/10014433410
Persistent link: https://www.econbiz.de/10012794355
Many observers, and many investors, believe that young people are especially likely to produce the most successful new firms. We use administrative data at the U.S. Census Bureau to study the ages of founders of growth-oriented start-ups in the past decade. Our primary finding is that successful...
Persistent link: https://www.econbiz.de/10012922213