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Lifting the iron curtain : school-age education and entrepreneurial intentions

Falck, Oliver; Gold, Robert; Heblich, Stephan - 2015

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/10011346315

Entrepreneurship, economic risks, and risk insurance in the welfare state : results with OECD data 1978-93

Ilmakunnas, Pekka; Kanniainen, Vesa - 2000

shape equilibrium entrepreneurship in an occupational choice model. Differential social insurance of entrepreneurial and … labor risk is found to be statistically significant and detrimental to entrepreneurship. The crowding-out effect of public … production of private goods on entrepreneurship dominates the crowding-in effect of public production of public goods in the OECD …

Persistent link: https://www.econbiz.de/10009781637

Enterprise formation and labor market institutions

Kanniainen, Vesa; Vesala, Timo - 2000

The paper introduces a model of enterprise formation in a unionized economy with labor protection and wage bargaining. Enterprise formation is subject to future market risk and is shaped by labor market institutions in the post-entry stage. The predictions of the model are tested in...

Persistent link: https://www.econbiz.de/10009781640

Entrepreneurship in a unionised economy

Leppämäki, Mikko; Kanniainen, Vesa - 2000

labor market institutions on entrepreneurship, wage determination, and firm size are analysed analytically and illustrated … numerically. The main result is that an increase in union power reduces the equilibrium rate of entrepreneurship and reduces the …

Persistent link: https://www.econbiz.de/10009781656

Income inequality and oligarchs in Russian regions : a note

Fidrmuc, Jarko; Gundacker, Lidwina - 2017

We trace the rise of the so called oligarchs in post-Soviet Russia and examine their relationship to income distribution in Russia. When Russia moved to a market economy in the 1990s a new business elite evolved. Russia's distinctive path towards market economy, among other factors, gave rise to...

Persistent link: https://www.econbiz.de/10011646801

Homeownership and entrepreneurship : the role of mortgage debt and commitment

Bracke, Philippe; Hilber, Christian; Silva, Olmo - 2014

We study the link between homeownership, mortgage debt, and entrepreneurship using a model of occupational choice and … homeowners start a business; and (ii) the negative relation between mortgage debt and entrepreneurship is more pronounced when … income volatility is higher. Our model further predicts that the relation between housing wealth and entrepreneurship is …

Persistent link: https://www.econbiz.de/10010425992

Uncertainty and the employment dynamics of small and large businesses

Ghosal, Vivek; Ye, Yang - 2014

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

Does emigration drain entrepreneurs?

Anelli, Massimo; Basso, Gaetano; Ippedico, Giuseppe; … - 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/10012238448

Opportunity versus necessity entrepreneurship : two components of business creation

Fairlie, Robert W.; Fossen, Frank M. - 2018

A common finding in the entrepreneurship literature is that business creation increases in recessions. This counter …-cyclical pattern is examined by separating business creation into two components: "opportunity" and "necessity" entrepreneurship … entrepreneurship, there are many challenges to creating a definition that is both objective and empirically feasible. We propose an …

Persistent link: https://www.econbiz.de/10011789099

A general equilibrium theory of occupational choice under optimistic beliefs about entrepreneurial ability

Dell'Era, Michele; Opromolla, Luca David; Santos-Pinto, … - 2018 - This version: August 30th, 2018

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/10011924615