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We incorporate the concept of social identity into a stylized model of occupational choice and analyze whether an individual's identity affects his or her decision to become an entrepreneur. We argue that an entrepreneurial identity results from an individual's socialization. This could be...
Persistent link: https://www.econbiz.de/10010273805
number of entrepreneurs, and makes entrepreneurs worse off. We calibrate the model to match U.S. manufacturing data. This …
Persistent link: https://www.econbiz.de/10012892272
We analyze inequality and mobility across generations in a dynastic economy. Nurture, in terms of bequests and the schooling investment into the next generation, is observable but the draw of nature in terms of ability is hidden, stochastic and persistent across generations. We calibrate the...
Persistent link: https://www.econbiz.de/10012841147
This article reviews the recent literature in economics on small-scale entrepreneurship ("microentrepreneurship") in low-income countries. Major themes in the literature include the determinants and consequences of joining the formal sector; the impacts of access to credit and other financial...
Persistent link: https://www.econbiz.de/10012841738
We study the importance of the extended family – the dynasty – for the persistence in inequality across generations. We use data including the entire Swedish population, linking four generations. This data structure enables us to identify parents’ siblings and cousins, their spouses, and...
Persistent link: https://www.econbiz.de/10012871027
connection between cognitive skills of parents and their children by exploiting within-family between-subject variation in these … close at about 0.1. Finally, we show the strong influence of family skill transmission on children’s choices of STEM fields …
Persistent link: https://www.econbiz.de/10013322018
Socioeconomic Panel (SOEP), we find a high persistence of occupational choices across fathers and children. To separate effects … children who grew up with their biological fathers and those who did not. The results suggest that nurture-related effects … explain a significant fraction of the observed correlation of fathers' and children's occupational choices. We discuss policy …
Persistent link: https://www.econbiz.de/10010328838
In this paper we follow the students that took the PISA 2012 test in Switzerland and analyze their transition into and progress in upper-secondary education. We observe a substantive difference in the rate of progress between natives and students with a migration background. One year after...
Persistent link: https://www.econbiz.de/10011794149
fathers and mothers and their children by drawing on a unique dataset of 1,999 members of Bangladeshi families, including 911 … children, aged 6-17 years, and 544 pairs of mothers and fathers. We find a large degree of intergenerational persistence as the … economic preferences of mothers and fathers are significantly positively related to their children’s economic preferences …
Persistent link: https://www.econbiz.de/10011815807
entrepreneurs that are caused to continue a business, always lose relative to their status in an economy without continuation …
Persistent link: https://www.econbiz.de/10010264315