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Valuing the time of the self-employed
Agness, Daniel; Baseler, Travis; Chassang, Sylvain; … - 2022
People’s value for their own time is a key input in evaluating public policies: evaluations should account for time taken away from work or leisure as a result of policy. Using rich choice data collected from farming households in western Kenya, we show that households exhibit non-transitive...
Persistent link: https://www.econbiz.de/10012815796
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The impact of entrepreneurial risk aversion on wages in general equilibrium
Feng, Ying; Rauch, James E. - 2015
One of the leading theories of entrepreneurship is that less risk averse individuals become entrepreneurs and more risk …
Persistent link: https://www.econbiz.de/10010519937
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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
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Uncertain productivity growth and the choice between FDI and export
Yalcin, Erdal - 2009
The underlying model analyzes the first time foreign market entry decision of a representative investor who can choose between export and FDI. The model combines the proximity-concentration trade-off framework with the real option methodology and sheds light on the effects of productivity...
Persistent link: https://www.econbiz.de/10003883086
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Entrepreneurship, organization capital and the evolution of the firm
Oshima, Atsushi (contributor); Ravikumar, B. (contributor);  … - 2008
Persistent link: https://www.econbiz.de/10003647270
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Tax rate uncertainty and investment behavior
Niemann, Rainer - 2001
This paper deals with the effects of tax rate uncertainty on risk-neutral and risk-averse investment behavior. We analyze effects of stochastic tax rates on both real and financial investment. It emerges that under risk neutrality as well as under risk aversion, increased tax rate uncertainty...
Persistent link: https://www.econbiz.de/10011399893
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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
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Facing yourself : a note on self-image
Falk, Armin - 2017
Numerous signaling models in economics assume image concerns. These take two forms, as relating either to social image or self-image. While empirical work has identified the behavioral importance of the former, little is known about the role of self-image concerns. We exogenously vary self-image...
Persistent link: https://www.econbiz.de/10011645970
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Trust the police? : self-selection of motivated agents into the German police force
Friebel, Guido; Kosfeld, Michael; Thielmann, Gerd - 2016
We conduct experimental games with police applicants in Germany to investigate whether intrinsically motivated agents self-select into public service. Our focus is on trustworthiness and the willingness to enforce norms as key dimensions of intrinsic motivation in the police context. We find...
Persistent link: https://www.econbiz.de/10011573312
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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