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Risk, Balanced Skills and Entrepreneurship
Hsieh, Chihmao; Parker, Simon C.; Praag, Mirjam van - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2011
the impacts both of risk aversionand balanced skills on the likelihood individuals choose entrepreneurship. Data on …-averse people might be suited to entrepreneurship; and it may alsohelp explain why prior research has generated mixed evidence about … the effects of riskaversion on selection into entrepreneurship.... …
Persistent link: https://www.econbiz.de/10009486995
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Do Employment Protections Reduce Productivity?Evidence from U.S. States
Autor, David H.; Kerr, William R.; Kugler, Adriana D. - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
Theory predicts that mandated employment protections may reduce productivity by distortingproduction choices. Firms facing (non-Coasean) worker dismissal costs will curtail hiringbelow efficient levels and retain unproductive workers, both of which should affectproductivity. These theoretical...
Persistent link: https://www.econbiz.de/10008939768