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We use a sample of 18 countries to study what variables have a significant impact on an indi-vidual’s decision to start a new business and classification and regression trees for an accurate interpretation of the data. Our results support existing literature suggesting the existence of strong...
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entrepreneurship rate and social mobility respond nonmonotonically to a change in the tightness of financial constraints. The results …
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entrepreneurship rate and social mobility respond non-monotonically to a change in the tightness of financial constraints. The results …
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. 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 …
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