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Does Career Risk Deter Potential Entrepreneurs?
Gottlieb, Joshua D. - 2016
Do potential entrepreneurs remain in wage employment because of concerns that they will face worse job opportunities should their entrepreneurial ventures fail? Using a Canadian reform that extended job-protected leave to one year for women giving birth after a cutoff date, we study whether the...
Persistent link: https://www.econbiz.de/10012456231
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The Independent Contractor Workforce : New Evidence On Its Size and Composition and Ways to Improve Its Measurement in Household Surveys
Abraham, Katharine G.; Hershbein, Brad; Houseman, Susan N. - National Bureau of Economic Research - 2023
Good data on the size and composition of the independent contractor workforce are elusive, with household survey and administrative tax data often disagreeing on levels and trends. We carried out a series of focus groups to learn how self-employed independent contractors speak about their work....
Persistent link: https://www.econbiz.de/10014247917
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New Gig Work or Changes in Reporting? Understanding Self-Employment Trends in Tax Data
Garin, Andrew; Jackson, Emilie; Koustas, Dmitri - National Bureau of Economic Research - 2024
Rising self-employment rates in U.S. tax data that are absent in survey data have led to speculation that tax records capture a rise in new "gig" work that surveys miss. Drawing on the universe of IRS tax returns, we show that trends in firm-reported payments to "gig" and other contract workers...
Persistent link: https://www.econbiz.de/10014528407
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Measuring Risk Aversion From Excess Returns on a Stock Index
Chou, Ray - 1991
We distinguish the measure of risk aversion from the slope coefficient in the linear relationship between the mean excess return on a stock index and its variance. Even when risk aversion is constant, the latter can vary significantly with the relative share of stocks in the risky wealth...
Persistent link: https://www.econbiz.de/10012475371
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Regularization from Economic Constraints : A New Estimator for Marginal Emissions
Holland, Stephen P.; Mansur, Erin; Verdier, Valentin; … - National Bureau of Economic Research - 2024
Environmental policy is increasingly concerned with measuring emissions resulting from local changes to electricity consumption. These marginal emissions are challenging to measure because electricity grids encompass multiple locations and the information available to identify the effect of each...
Persistent link: https://www.econbiz.de/10014468265
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Personal Wealth and Self-Employment
Bellon, Aymeric - 2020
We examine how wealth windfalls affect self-employment decisions using data on cash payments from claims on Texas shale drilling to people throughout the United States. Individuals who receive large wealth shocks (greater than $50,000) have 51% higher self-employment rates. The increase in...
Persistent link: https://www.econbiz.de/10012481647
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Housing Precarity & the COVID-19 Pandemic : Impacts of Utility Disconnection and Eviction Moratoria on Infections and Deaths Across US Counties
Jowers, Kay; Timmins, Christopher; Bhavsar, Nrupen; … - National Bureau of Economic Research - 2021
. Our analysis quantifies the impact of these various economic policies on COVID-19 infection and death rates using panel …
Persistent link: https://www.econbiz.de/10012482612
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Inequality Aversion, Populism, and the Backlash Against Globalization
Pastor, Lubos - 2018
Motivated by the recent rise of populism in western democracies, we develop a model in which a populist backlash emerges endogenously in a growing economy. In the model, voters dislike inequality, especially the high consumption of "elites." Economic growth exacerbates inequality due to...
Persistent link: https://www.econbiz.de/10012480555
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Can Myopic Loss Aversion Explain the Equity Premium Puzzle? Evidence from a Natural Field Experiment with Professional Traders
Larson, Francis - 2016
Behavioral economists have recently put forth a theoretical explanation for the equity premium puzzle based on combining myopia and loss aversion. Complementing the behavioral theory is evidence from laboratory experiments, which provide strong empirical support consistent with myopic loss...
Persistent link: https://www.econbiz.de/10012456074
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The Supplemental Poverty Measure : A New Method for Measuring Poverty
Fitzgerald, John; Moffitt, Robert A. - National Bureau of Economic Research - 2022
both concept and measurement and it has advantages relative to both. Poverty rates using our basic measure are very close …We propose a new measure of the rate of poverty we call the Supplemental Expenditure Poverty Measure (SEPM) based on … the minimum bundle necessary to meet basic needs. Our measure differs from conventional income and consumption poverty in …
Persistent link: https://www.econbiz.de/10013210084