market economy. This chapter examines one such example: the growing field of social entrepreneurship. Although it attracts … major interest in management studies, social entrepreneurship has received scant attention from economists. This chapter … resolves this oversight by placing the theory of social entrepreneurship on an economic foundation. It outlines the economic …

entrepreneurship rate and social mobility respond nonmonotonically to a change in the tightness of financial constraints. The results …

entrepreneurship rate and social mobility respond non-monotonically to a change in the tightness of financial constraints. The results …

. Workers and firm owners are subject to idiosyncratic shocks. Entrepreneurship is the riskier occupation. Compared to an … likelihood of entrepreneurship increases with individual wealth. -- DSGE model ; wealth distribution ; occupational choice …