Spousal and survivor pensions are two important provisions of the US Social Security pension system. In this paper, we assess the impact of these benefits on the female employment rate in the context of a full life-cycle model in which households decide on female labor supply and savings. One...

We construct a structural model of entry into self-employment to evaluate the impact of policies supporting entrepreneurship. Previous work has recognized that workers may opt for self-employment due to the nonpecuniary benefits of running a business and not necessarily because they are good at...

Elite college attendance significantly impacts students' entrepreneurship decisions and career dynamics. We find that an elite college degree is positively correlated with entrepreneurship (i.e., owning an incorporated business) but not with other self-employment forms. Our overlapping...