Showing 1 - 10 of 164
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
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
Using Finnish panel data, we study how entrepreneurs differ from workers in education and income dynamics. We find that … workers have higher median income in all educational groups. Without additional controls, entrepreneurs have higher average … income with all but undergraduate level of education. However, random effects and matching models suggest that entrepreneurs …
Persistent link: https://www.econbiz.de/10005703456
Making use of restrictions imposed by equilibrium, theoretical progress has been made on the nonparametric and semiparametric estimation and identification of scalar additive hedonic models (Ekeland, Heckman, and Nesheim, 2002) and scalar nonadditive hedonic models (Heckman, Matzkin, and...
Persistent link: https://www.econbiz.de/10005703578
In this article, a modelling framework for the information transmission between agents in an evolutionary game setting is proposed. Agents observe traits which reflect past and present behaviour and success of other agents. If agents imitate more successful agents based on these traits, the...
Persistent link: https://www.econbiz.de/10005822056
This paper develops a simulation estimation algorithm that is particularly useful for estimating dynamic panel data …
Persistent link: https://www.econbiz.de/10005703001
strategies seen in the lab and use the simulation to develop hypotheses about why group size should matter when punishment is …
Persistent link: https://www.econbiz.de/10005703051
The delta method is commonly used to calculate confidence intervals of functions of estimated parameters that are differentiable with non-zero, bounded derivatives. When the delta method is inappropriate, researchers usually first use a bootstrap procedure where they i) repeatedly take a draw...
Persistent link: https://www.econbiz.de/10009151016
treatment and policy evaluation. In contrast to previous simulation studies which mostly considered semiparametric approaches …
Persistent link: https://www.econbiz.de/10011125870
The paper takes advantage of exceptionally rich longitudinal data on the universe of labor force participants in Slovenia and simulates the working of an income contingent loan scheme to partly recover tuition costs. The simulations show that under the base variant (where the target cost...
Persistent link: https://www.econbiz.de/10005761698