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Boundary Discontinuity Methods and Policy Spillovers

Jardim, Ekaterina S.; Long, Mark C.; Plotnick, Robert D.; … - National Bureau of Economic Research - 2022

The boundary discontinuity method of causal inference may yield misleading results if a policy's impacts do not stop at the border of the implementing jurisdiction. We use geographically precise longitudinal employment data documenting worker job-to-job mobility to study policy spillovers in the...

Persistent link: https://www.econbiz.de/10013210103

Income Taxes and Entrepreneurs' Use of Labor

Carroll, Robert - 2000

This paper investigates the effect of entrepreneurs' personal income tax situations on their use of labor. We analyze the income tax returns of a large number of sole proprietors before and after the Tax Reform Act of 1986 and determine how the substantial reductions in marginal tax rates...

Persistent link: https://www.econbiz.de/10012471083

The Effect of Immigration on Native Self-Employment

Fairlie, Robert W. - 2000

A rapidly growing literature examines the impact of immigrants on the labor market outcomes of native-born Americans. However, the impact of immigration on natives in self-employment has not been examined, despite the over-representation of immigrants in that sector. We first present a new...

Persistent link: https://www.econbiz.de/10012471214

Resurrecting the Role of the Product Market Wedge in Recessions

Bils, Mark - 2014

Employment and hours appear far more cyclical than dictated by the behavior of productivity and consumption. This puzzle has been called "the labor wedge" -- a cyclical intratemporal wedge between the marginal product of labor and the marginal rate of substitution of consumption for leisure. The...

Persistent link: https://www.econbiz.de/10012458110

Signaling and Employer Learning with Instruments

Aryal, Gaurab - 2019

The social and the private returns to education differ when education can increase productivity, and also be used to signal productivity. We show how instrumental variables can be used to separately identify and estimate the social and private returns to education within the employer learning...

Persistent link: https://www.econbiz.de/10012479834

Client-Based Entrepreneurship

Rauch, James E. - 2010

soliciting the current client in the event of termination of employment. The socially optimal level of entrepreneurship will … are too restrictive and produce too little entrepreneurship, and governments can increase welfare by limiting enforcement …

Persistent link: https://www.econbiz.de/10012462718

Urban Economics and Entrepreneurship

Glaeser, Edward L. - 2009

Research on entrepreneurship often examines the local dimensions of new business formation. The local environment … dedicated to the geography of entrepreneurship. The paper frames the core questions facing researchers interested in assessing … the local causes and consequences of entrepreneurship, perturbs a core urban model to incorporate entrepreneurship, and …

Persistent link: https://www.econbiz.de/10012463113

Cash-out or flame-out! Opportunity cost and entrepreneurial strategy : Theory, and evidence from the information security industry

Arora, Ashish - 2009

entrepreneurship which identifies survival with performance. Instead, many entrepreneurs aim for a cash-out (IPO or acquisition …

Persistent link: https://www.econbiz.de/10012463117

Entrepreneurial Finance and Non-diversifiable Risk

Chen, Hui - 2009

Entrepreneurs face significant non-diversifiable business risks. We build a dynamic incomplete markets model of entrepreneurial finance to demonstrate the important implications of nondiversifiable risks for entrepreneurs' interdependent consumption, portfolio allocation, financing, investment,...

Persistent link: https://www.econbiz.de/10012463800

The Burden of the Nondiversifiable Risk of Entrepreneurship

Hall, Robert E. - 2008

aversion, higher initial assets, preferences for entrepreneurship over employment, and optimistic beliefs about the payoffs …

Persistent link: https://www.econbiz.de/10012464428