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Signaling and Employer Learning with Instruments
Aryal, Gaurab - 2020
The social and the private returns to education differ when education can increase productivity, and also be used to signal productivity. We show how instrumental variables can be used to separately identify and estimate the social and private returns to education within the employer learning...
Persistent link: https://www.econbiz.de/10012841583
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Credit Market Imperfection, Lack of Entrepreneurs and Capital Outflow from a Developing Economy
Marjit, Sugata - 2020
This paper explores the impact of credit market on the entrepreneurs and demand for credit in a credit constrained economy and the resultant impact on the capital flows. In standard trade models the capital flows across countries are explained as a result of the rate of return differentials due...
Persistent link: https://www.econbiz.de/10012824582
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A General Equilibrium Theory of Occupational Choice Under Optimistic Beliefs About Entrepreneurial Ability
Dell'Era, Michele - 2019
to entrepreneurship, and output. The calibration shows that optimism can explain the empirical puzzle of the low mean … returns to entrepreneurship compared to average wages …
Persistent link: https://www.econbiz.de/10012892272
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Migration and Cultural Change
Rapoport, Hillel - 2020
We examine both theoretically and empirically how migration affects cultural change in home and host countries. Our theoretical model integrates various compositional and cultural transmission mechanisms of migration-based cultural change for which it delivers distinctive testable predictions on...
Persistent link: https://www.econbiz.de/10012823554
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The Unfinished Business of State-Owned Enterprise Reform in the People's Republic of China
Holz, Carsten A. - 2019
This paper examines the progress of state-owned enterprise (SOE) reform in the People’s Republic of China. After defining SOEs and considering their scope of operation within the PRC economy, the focus of the paper is on the major reform waves that followed the deterioration of SOE...
Persistent link: https://www.econbiz.de/10012867873
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Technological and Organizational Change and the Careers of Workers
Battisti, Michele; Dustmann, Christian; Schonberg, Uta - 2022
This paper investigates the effects of technological and organizational change (T&O) on jobs and workers. We show that although T&O reduces firm demand for routine relative to abstract task-based jobs, affected workers do not face higher probability of non-employment or lower earnings growth...
Persistent link: https://www.econbiz.de/10014240479
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Organizational Barriers to Transforming Large Finance Corporations : Cloud Adoption and the Importance of Technological Architecture
Cao, Sam (Ruiqing); Iansiti, Marco - 2023
corporations do not experience similar losses. We also find evidence consistent with theory using two alternative measures based on …
Persistent link: https://www.econbiz.de/10014264871
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War and Entrepreneurship : A Synthetic Control Study of the Russia-Ukraine Conflict
Audretsch, David B.; Momtaz, Paul P.; Motuzenko, Hanna; … - 2023
spot in entrepreneurship scholarship. As a first step to closing this gap, we offer a well-identified synthetic control … way for systematic scholarship on “war and entrepreneurship,” our study proposes a conceptual framework integrating … conflict into the theory of entrepreneurial choice and suggests numerous avenues for future research …
Persistent link: https://www.econbiz.de/10014348097
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Age-Specific Entrepreneurship and PAYG Public Pensions in Germany
Heer, Burkhard - 2020
We present new empirical evidence on the distribution of earnings, income and wealth among entrepreneurs in Germany. We document that both earnings and income are more concentrated among entrepreneurs than among workers and describe a large-scale overlapping-generations model that can replicate...
Persistent link: https://www.econbiz.de/10012827665
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Does Emigration Drain Entrepreneurs?
Anelli, Massimo - 2020
Emigration of young, motivated individuals may deprive countries-of-origin of entrepreneurs. We isolate exogenous variation in a large emigration wave from Italy between 2008 and 2015 by interacting diaspora networks with economic pull factors in destination countries, and find that larger...
Persistent link: https://www.econbiz.de/10012829325