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Naroditskiy, Victor; Stein, Sebastian; Tonin, Mirco; … - Institute for the Study of Labor (IZA) - 2014

Word-of-mouth, referral, or viral marketing is a highly sought-after way of advertising. We undertake a field experiment that compares incentive mechanisms for encouraging social media shares to support a given cause. Our experiment takes place on a website set up to promote a fundraising drive...

Persistent link: https://www.econbiz.de/10010959716

Crowdfunding, Cascades and Informed Investors

Parker, Simon C. - Institute for the Study of Labor (IZA) - 2014

are ultimately financed via crowdfunding? A simple model and simulation reveals the answers to both questions to be: 'not …

Persistent link: https://www.econbiz.de/10010747357

Venture Capital Investment and Labor Market Performance: New Empirical Evidence for OECD Countries

Belke, Ansgar; Schaal, Andreas - Institute for the Study of Labor (IZA) - 2004

Anglo-Saxon countries have been successful in the 1990s concerning labor market performance compared to the former role models Germany and Japan. This reversal in relative economic performance might be related to idiosyncracies in financial markets with bank-based financial markets as in Germany...

Persistent link: https://www.econbiz.de/10005822244

The Advantage of Experienced Start-Up Founders in Venture Capital Acquisition: Evidence from Serial Entrepreneurs

Zhang, Junfu - Institute for the Study of Labor (IZA) - 2007

Existing literature suggests that entrepreneurs with prior firm-founding experience have more skills and social connections than novice entrepreneurs. Such skills and social connections could give experienced founders some advantage in the process of raising venture capital. This paper uses a...

Persistent link: https://www.econbiz.de/10005763601

A Study of Academic Entrepreneurs Using Venture Capital Data

Zhang, Junfu - Institute for the Study of Labor (IZA) - 2007

Academic entrepreneurship has become an increasingly important channel through which universities contribute to economic development. This paper studies academic entrepreneurs using a comprehensive venture capital database. I find that about two-thirds of the academic entrepreneurs locate their...

Persistent link: https://www.econbiz.de/10005763766

Reducing Start-Up Costs for New Firms: The Double Dividend on the Labour Market

Dulleck, Uwe; Frijters, Paul; Winter-Ebmer, Rudolf - Institute for the Study of Labor (IZA) - 2003

Starting a firm with expansive potential is an option for educated and high-skilled workers. This option serves as an insurance against unemployment caused by labor market frictions and hence increases the incentives for education. We show within a matching model that reducing the start-up costs...

Persistent link: https://www.econbiz.de/10005700902

Severance Pay and Corporate Finance: Empirical Evidence from a Panel of Austrian and Italian Firms

Cardinale, Mirko; Orszag, Mike - Institute for the Study of Labor (IZA) - 2004

This paper examines the empirical link between severance pay and corporate finance. Severance pay is an economic debt of the employer and hence should be taken into account by the market in its assessments of risk. Using a hand collected dataset of accounting data from Italy and Austria we find...

Persistent link: https://www.econbiz.de/10005822359

Business Training and Female Enterprise Start-Up, Growth, and Dynamics: Experimental Evidence from Sri Lanka

de Mel, Suresh; McKenzie, David; Woodruff, Christopher - Institute for the Study of Labor (IZA) - 2012

We conduct a randomized experiment in Sri Lanka to measure the impact of the most commonly used business training course in developing countries, the Start-and-Improve Your Business (SIYB) program. In contrast to existing business training evaluations which are restricted to microfinance...

Persistent link: https://www.econbiz.de/10010735639

The Great Compression of the French Wage Structure, 1969-2008

Verdugo, Gregory - Institute for the Study of Labor (IZA) - 2014

Wage inequality decreased continuously in France from 1969 to 2008. In contrast to the US and the UK, this period was … upper tail wage inequality in France relative to other countries. Using a model with imperfect substitution between … wage inequality at the top of the distribution in France during this period is explained by the increase in the educational …

Persistent link: https://www.econbiz.de/10010884084

Minimum Wage and the Average Wage in France: A Circular Relationship?

Cette, Gilbert; Chouard, Valérie; Verdugo, Gregory - Institute for the Study of Labor (IZA) - 2013

This paper investigates whether increases in the minimum wage in France have the same impact on the average wage when …

Persistent link: https://www.econbiz.de/10010884290

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