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representative data from the April 2020 CPS - the first month fully capturing early effects. The number of active business owners in …
Persistent link: https://www.econbiz.de/10012291885
We analyze a large-scale survey of owners, managers, and employees of small businesses in the United States to understand the effects of the early stages of the COVID-19 pandemic on those businesses. The survey was fielded in late April 2020 among Facebook business page administrators, frequent...
Persistent link: https://www.econbiz.de/10012291877
Firms without paid employees account for up to 80% of all firms, but only a small minority ever hires. This paper investigates the relationship between labour costs and the decision to hire a first employee and become an employer. Leveraging a unique policy in Belgium that permanently reduced...
Persistent link: https://www.econbiz.de/10014280092
We study the importance of information technology (IT) in banking for entrepreneurship. Guided by a parsimonious model …. We present evidence consistent with banks’ IT adoption spurring entrepreneurship through a collateral channel …: entrepreneurship increases by more in IT-exposed counties when house prices rise. Further analysis suggests that IT improves banks …
Persistent link: https://www.econbiz.de/10015048384
non-cognitive outcome important for economic growth. We use international PISA-2006 student-level data to estimate the … shares, students’ academic skills, and parents’ entrepreneurial occupation. -- private school competition ; entrepreneurship …
Persistent link: https://www.econbiz.de/10003975560
Indian immigrants in the United States and other wealthy countries are successful in entrepreneurship. Using Census … data from the three largest developed countries receiving Indian immigrants in the world -- the United States, United …
Persistent link: https://www.econbiz.de/10010212363
Using the framework provided by the asymmetric-information and real-options theories, we examine the impact of uncertainty on firms' decisions and market outcomes. We construct alternative measures of uncertainty based on survey of professional forecasters and our estimation of regression-based...
Persistent link: https://www.econbiz.de/10009764986
We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based on the survey of professional forecasters, and regression-based forecasting models for GDP growth, inflation, S&P500 stock price index, and fuel prices. Our results indicate...
Persistent link: https://www.econbiz.de/10010428770
data. Weak evidence is found for the proposition that the rate of entrepreneurship is related to the degree of income …We find evidence in the OECD cross-country data to support the Knightian view that non-diversifiable economic risks … shape equilibrium entrepreneurship in an occupational choice model. Differential social insurance of entrepreneurial and …
Persistent link: https://www.econbiz.de/10009781637
Persistent link: https://www.econbiz.de/10001663194