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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
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
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 …
Persistent link: https://www.econbiz.de/10014348097
This article reviews the recent literature in economics on small-scale entrepreneurship ("microentrepreneurship") in … attention to unique issues that arise with female entrepreneurship …
Persistent link: https://www.econbiz.de/10012841738
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
Can culture explain persistent differences in economic activity among individuals and across regions? A novel measure of cultural origin enables us to contrast the entrepreneurial activity of individuals located in the same municipality but whose ancestors lived just on opposite sides of the...
Persistent link: https://www.econbiz.de/10013218291
opportunities in the wage/salary sector leaving the net effect on entrepreneurship ambiguous. The most up-to-date microdata … entrepreneurship at the individual level to shed light on this question. Regression estimates indicate that local labor market … conditions are a major determinant of entrepreneurship. Higher local unemployment rates are found to increase the probability …
Persistent link: https://www.econbiz.de/10010291884
We exploit Germany’s reunification to identify how school-age education affects entrepreneurial intentions. We look at university students in reunified Germany who were born before the Iron Curtain fell. During school age, all students in the West German control group received formal and...
Persistent link: https://www.econbiz.de/10011388221
spin out. This is shown to predict the association of co-ethnic networks with high rates of entrepreneurship and the …
Persistent link: https://www.econbiz.de/10010328762
measure of entrepreneurship derived from matching files from the Current Population Survey (CPS) is used to provide the first …. Estimates indicate that hi-tech entrepreneurship rates were lower in Silicon Valley than the rest of the United States during … the period from January 1996 to February 2000. Examining the post-boom period, we find that entrepreneurship rates in …
Persistent link: https://www.econbiz.de/10010328790