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Using a unique sample of new Ph.D. economists in 1987 and 1997, we examine how job seekers and their employers alter their search strategies in strong versus weak markets. The 1987 academic market was strong while the 1997 market was much weaker. A multimarket theory of optimal search suggests...
Persistent link: https://www.econbiz.de/10005763669
We develop entrepreneurship and institutional theory to explain variation in different types of entrepreneurship across individuals and institutional contexts. Our framework generates hypotheses about the negative impact of higher levels of corruption, weaker property rights and especially...
Persistent link: https://www.econbiz.de/10008839291
Utilitarian foundations for limited government are shaky insofar as they assume rational and consistent individuals … on the scope of government intervention. …
Persistent link: https://www.econbiz.de/10011079233
of labor market institutions and government intervention. In particular, technology change is induced by rigid wage … commodity prices, openness induces the government to subsidize technological innovation in the developed country because …
Persistent link: https://www.econbiz.de/10005566677
entrepreneur. We focus on the size of the government, on freedom from corruption, and on 'market freedom' defined as a cluster of …. Our results indicate that entrepreneurial entry is inversely related to the size of the government, and more weakly to the … removed from the sample but unlike the size of government, the results on corruption are not confirmed by country-level fixed …
Persistent link: https://www.econbiz.de/10008466014
We investigate the relationship between social interaction and household finances using data from the British Household … household finances and social interaction, rather than focusing one particular facet of household finances, such as the holding … the household balance sheet, i.e. liabilities and assets. Additionally, we allow the influence of social interaction on …
Persistent link: https://www.econbiz.de/10010959752
boost TFP growth while external debt is actually negatively correlated with TFP growth. The negative relationship between … external debt liabilities and TFP growth is attenuated in economies with higher levels of financial development and better …
Persistent link: https://www.econbiz.de/10005822435
We explore the relationship between gambling and other forms of risk-taking behaviour, i.e. exposure to debt and the … use of credit, at the individual and household level using representative pooled cross-section data drawn from the UK … household level. While both the incidence and amount of gambling vary according to household income, the positive association …
Persistent link: https://www.econbiz.de/10008562538
international bailout in 2010. Given the economic collapse, Ireland provides an ideal case-study of the link between wealth … this massive fall in wealth, measures of health and well-being remained broadly unchanged. However, expectations about …
Persistent link: https://www.econbiz.de/10010884281
household financial assets. Our results suggest that banks information policies have the potential to be an effective tool to … increase individuals' financial literacy and that the relationship between financial literacy and wealth is largely …
Persistent link: https://www.econbiz.de/10010959735