Showing 1 - 10 of 8,141
We study the impact of state-owned enterprises (SOEs) on the quality of entrepreneurship in China. Using long series of … improved the quality of entrepreneur- ship. Compared with entrepreneurs in other time periods, firms founded by the reluctant … entrepreneurs induced by the SOE layoffs have better performances. To explain these results, we present a simple model of …
Persistent link: https://www.econbiz.de/10014372457
Immigrants contribute disproportionately to entrepreneurship in many countries, accounting for a quarter of new … employer businesses in the US. We review recent research on the measurement of immigrant entrepreneurship, the traits of … immigrant founders, their economic impact, and policy levers. We provide updated statistics on the share of US entrepreneurs who …
Persistent link: https://www.econbiz.de/10014544679
economic activity in the form of higher entrepreneurship. Using administrative census data linked to the complete formal … business registry, we study a 2018 policy shift in Colombia that made nearly half a million Venezuelan undocumented migrants …
Persistent link: https://www.econbiz.de/10013462673
The paper studies the factors which shape entrepreneurship among young adults. It finds, using data on a British birth …
Persistent link: https://www.econbiz.de/10012475785
of why money has real effects,and to suggest a new theory, or rather resurrect an old one--the loanable funds theory …
Persistent link: https://www.econbiz.de/10012478018
In this paper we analyze the link between people's "subjective" expectations of returns to schooling and their decision to invest into schooling. We use data from a household survey on Mexican junior and senior high school graduates that elicits their own and their parents' beliefs about future...
Persistent link: https://www.econbiz.de/10012463492
We study the accumulation of human capital and the behavior of consumption and earnings in a life cycle equilibrium model with endogenous borrowing constraints. Constraints arise endogenously from the inalienability of human capital and the limited punishments that creditors are able to impose...
Persistent link: https://www.econbiz.de/10012469900
This paper investigates the determinants of inequality in human capital with an emphasis on the role of the credit constraints. We develop and estimate a model in which individuals face uninsured human capital risks and invest in education, acquire work experience, accumulate assets and smooth...
Persistent link: https://www.econbiz.de/10012455681
A common limitation across all areas of the human capital literature is the imposition of ad hoc constraints on credit. We propose a more careful treatment of the structure of government student loan programs as well as the incentive problems underlying private credit. We show that endogenizing...
Persistent link: https://www.econbiz.de/10012461223
We study the effects of credit shocks in a model with heterogeneous entrepreneurs, financing constraints, and a …
Persistent link: https://www.econbiz.de/10012459365