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We explore how financial constraints distort the entry decisions among otherwise productive entrepreneurs and limit … growth of promising young firms. A model of liquidity-constrained entrepreneurs suggests that the easing of credit …
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The answer is yes. By using a unique and large data set on overdraft contracts between banks and microfirms and self-employed individuals, we find robust evidence that women in Italy pay more for overdraft facilities than men. We could not find any evidence that women are riskier then men. The...
Persistent link: https://www.econbiz.de/10012464445
The United States is one of the few countries that does not guarantee paid family leave (PFL) to workers. Proposals for PFL legislation are often met with opposition from employer organizations, who fear disruptions to business, especially among small employers. But there has been limited data...
Persistent link: https://www.econbiz.de/10012696395
We analyze a large-scale survey of owners, managers, and employees of small businesses in the United States to understand the effects of the early stages of the COVID-19 pandemic on those businesses. The survey was fielded in late April 2020 among Facebook business page administrators, frequent...
Persistent link: https://www.econbiz.de/10012481136
A randomized experiment among poor entrepreneurs tested the impact of exogenously inducing higher financial aspirations …
Persistent link: https://www.econbiz.de/10012496161
The non-pecuniary benefits of managing a small business are a first order consideration for many nascent entrepreneurs …, generating wealth effects independent of financing constraints, (2) non-pecuniary entrepreneurs select into small scale firms, (3 …
Persistent link: https://www.econbiz.de/10012457025