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Many households have insufficient savings to handle moderate and routine consumption shocks. Many of these financially fragile households also have the highest lottery expenditures as a proportion of income. This combination suggests that Prize-Linked Savings (PLS) accounts, that combine...
Persistent link: https://www.econbiz.de/10010959657
perform a large 'lab-in-the-field' experiment comparing entrepreneurs to managers – a suitable comparison group – and … employees (n = 2288). The results indicate that entrepreneurs perceive themselves as less risk averse than managers and …
Persistent link: https://www.econbiz.de/10010959844
This paper estimates racial differences in the retention probability, pay and performance of NBA coaches over the 1996-2003 period. Using a hazard function approach, I find small and statistically insignificant racial differences in the exit hazard, conditional on team performance, team payroll,...
Persistent link: https://www.econbiz.de/10005566734
We examine the relationship between the employment and compensation of managers and CEOs and the presence of a … monitoring, which requires more managers. The model also assumes rent sharing between workers, managers and the owners of the … firm. Unions, by redistributing rents towards the workers, lead to lower employment and lower pay for managers. Using a …
Persistent link: https://www.econbiz.de/10005233814
based on a matching procedure. Only 7% of top-level Czech managers are women and their wages are about 20 percent lower even …
Persistent link: https://www.econbiz.de/10005703646
Folklore has it that the comparatively low proportion of self-employed in Germany is in part due to a habit that might be termed 'stigmatisation of failure': taking a second chance to build one's own firm after failing as a self-employed is said to be much more difficult here than in other...
Persistent link: https://www.econbiz.de/10005822063
start, the paper briefly documents evidence from the empirical literature that the relationship between entrepreneurship and … persist in the market, and that returns to entrepreneurship have a much larger cross-sectional variance than returns to wage … entrepreneurship where agents are heterogeneous in their ability as workers, and starting entrepreneurs face uncertainty about their …
Persistent link: https://www.econbiz.de/10005822184
In this paper we explore the relationship between the individual decision to become an entrepreneur and the institutional context. We pinpoint the critical roles of property rights and the size of the state sector for entrepreneurial activity and test the relationships empirically by combining...
Persistent link: https://www.econbiz.de/10005822242
Using recently-available data from the New Immigrant Survey, we find that previous selfemployment experience in an immigrant’s country of origin is an important determinant of their self-employment status in the U.S., increasing the probability of being self-employed by about 7 percent. Our...
Persistent link: https://www.econbiz.de/10005822432
Only a few large, nationally-representative datasets include information on both the owner and the business. We briefly describe several of the most respected and up-to-date sources of data on entrepreneurs, the self-employed, and small businesses. More information including estimates of recent...
Persistent link: https://www.econbiz.de/10005822482