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This paper analyses the short- and long-term effects of geopolitical uncertainty on cross-border portfolio flows between the US and 41 developed and emerging economies over the period January 1992-November 2022. We find that geopolitical uncertainty decreases equity inflows from other countries...
Persistent link: https://www.econbiz.de/10015065292
We investigate entry in a dynastic entrepreneurship (overlapping generations) environment created by employee spinoffs …
Persistent link: https://www.econbiz.de/10010528295
Why do entrepreneurship rates differ so markedly by gender? Using data from a large, representative German household …-up decision and can explain the gender gap in entrepreneurship. Applying a decomposition analysis, we observe that the higher risk …
Persistent link: https://www.econbiz.de/10010354771
inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the …This paper examines how entrepreneurs and incumbents differ in R&D strategies. We show that entrepreneurs have …. However, entrepreneurs may still select too safe projects from a social point of view, since they do not internalize the …
Persistent link: https://www.econbiz.de/10011549385
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/10010212670
Social distancing restrictions and health- and economic-driven demand shifts from COVID-19 are expected to shutter many small businesses and entrepreneurial ventures, but there is very little early evidence on impacts. This paper provides the first analysis of impacts of the pandemic on the...
Persistent link: https://www.econbiz.de/10012291885
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 … of the German pay-as-you-go pension system in which entrepreneurs must also contribute and receive a pension. We show …
Persistent link: https://www.econbiz.de/10012249285
Persistent link: https://www.econbiz.de/10003599390
Our friend and colleague Rüdiger Dornbusch passed away before he was able tocomplete his book based on the Munich Lectures in Economics that he gave inNovember 17, 1998, at the Center for Economic Studies of Ludwig-Maximilians-Universität.The lectures contain a fascinating overview of the...
Persistent link: https://www.econbiz.de/10011507825
Theories of market failures and targeting motivate the promotion of entrepreneurship training programs and generate …
Persistent link: https://www.econbiz.de/10010404444