on entry into entrepreneurship. The model predicts--and the data confirm--that entrepreneurs are positively selected on …We study the effects of ability and liquidity constraints on entrepreneurship. We develop a three sector Roy model that … differentiates between entrepreneurs and other self-employed to address puzzling gaps that have emerged between theory and evidence …

The question of how entrepreneurship relates to income mobility is cogent given the current public debate about the … sources of income inequality and mobility in United States society. We examine how experience with entrepreneurship has … distribution over time, and to see how their mobility (or lack thereof) was affected by involvement with entrepreneurship. Our main …

The environment for business creation is central to economic policy, as entrepreneurs are believed to be forces of …

self-employed as well as their probability to survive as entrepreneurs. Analysis from a panel data set of research analysts … entrepreneurs. Furthermore, we find that ventures started by star analysts have a higher probability of survival than ventures … established by non-star analysts. Extending traditional theories of entrepreneurship and labor mobility, our results also suggest …

Why do levels of entrepreneurship differ across America's cities? This paper presents basic facts on two measures of … entrepreneurship: the self-employment rate and the number of small firms. Both of these measures are correlated with urban success … entrepreneurship is linked to a large number of small firms in supplying industries. Finally, there is a strong connection between area …

with experimentation to learn about earnings. This pattern motivates estimating the expected returns to entrepreneurship … found to constitute a substantial portion of the monetary value of entrepreneurship. The model is then used to evaluate …