We study the effects of ability and liquidity constraints on entrepreneurship. We develop a three sector Roy model that … on entry into entrepreneurship. The model predicts--and the data confirm--that entrepreneurs are positively selected on … positively selected on collateral, but other self-employed are not; and entrepreneurship is procyclical, but self-employment is …

entrepreneurship. Building on Guzman and Stern (2015a; 2015b), this paper offers new evidence to inform this debate by estimating … simultaneously account for both the quantity as well as the quality of entrepreneurship: the Entrepreneurial Quality Index (EQI …, measuring the average quality level among a group of start-ups within a given cohort), the Regional Entrepreneurship Cohort …

A central challenge in the measurement of entrepreneurship is accounting for the wide variation in entrepreneurial … quality distribution. Second, we propose two new economic statistics for the measurement of entrepreneurship: the … Entrepreneurship Quality Index (EQI) and the Regional Entrepreneurship Cohort Potential Index (RECPI). We use these indices to offer a …

into U.S. neighborhoods with no coffee shops increased entrepreneurship. We find that, when compared to census tracts that …

, we find that 6% of Republicans and 4% of Democrats become entrepreneurs. This partisan entrepreneurship gap is time …-varying: Republicans increase their relative entrepreneurship during Republican administrations and decrease it during Democratic … entrepreneurship around the elections of President Obama and President Trump, and the strongest effects among the most politically …

economic activity in the form of higher entrepreneurship. Using administrative census data linked to the complete formal …

"illicit" tendencies as youths accounts for both entry into entrepreneurship and the comparative earnings of entrepreneurs. In …