Showing 1 - 10 of 264
Barriers to homeownership have traditionally been an important research and policy issue. In particular, the role of income volatility and credit constraints have been one of the main focuses in this concern. In this paper we test for the first time whether the underlying nature behind the...
Persistent link: https://www.econbiz.de/10005703813
In this paper we investigate the effect of labour income uncertainty on the probability of homeownership in Germany and Spain. This study is motivated by two facts. Firstly, theoretical models tend to provide ambiguous results in this issue. Secondly, there is limited previous empirical evidence...
Persistent link: https://www.econbiz.de/10005822831
consistent with poorly endowed entrepreneurs who operate in imperfect capital markets and a very risky environment. …
Persistent link: https://www.econbiz.de/10010627842
entrepreneurial skills is proposed. It is possible to characterize both the competitive equilibrium and the optimal solution numerically. The competitive equilibrium is shown to be suboptimal. Less-skilled workers and firms are too selective, not matching with their comparable counterparts....
Persistent link: https://www.econbiz.de/10005761952
Theory predicts that entrepreneurs have distinct attitudes towards risk and uncertainty, but empirical evidence is … mixed. To better understand the unique behavioral characteristics of entrepreneurs and the causes of these mixed results, we … perform a large 'lab-in-the-field' experiment comparing entrepreneurs to managers – a suitable comparison group – and …
Persistent link: https://www.econbiz.de/10010959844
-adjusted measure of risk preferences in the domain of work to investigate the link between risk aversion and entrepreneurship in … significant negative relationship between risk aversion and entrepreneurship. In addition, our results show that the use of … interpret the self-evaluation scale in different ways) between entrepreneurs and non-entrepreneurs, and corrects for variation …
Persistent link: https://www.econbiz.de/10010959623
Economic Psychology on "Personality and Entrepreneurship". The contributions are clustered around questions regarding the …, while, at the same time, it is clear that stereotypes of what makes the ideal entrepreneur must be revisited. This … for entrepreneurship research. …
Persistent link: https://www.econbiz.de/10009147304
one of the most prominent determinants of entrepreneurship – education – and approximately three times larger than …
Persistent link: https://www.econbiz.de/10008868132
entrepreneurship and credit constraints under labour market discrimination. We divide self employed into prefer to be self-employed and … prefer to have a salaried job but cannot find one; and divide salaried workers into want-to-be entrepreneurs and happy …-to-be salaried workers. Over 40 percent of migrant workers are either currently or want-to-be entrepreneurs. Both groups are very …
Persistent link: https://www.econbiz.de/10009294843
entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity …
Persistent link: https://www.econbiz.de/10005566377