Showing 1 - 10 of 161
Transaction costs are a major reason why international trade flows are much smaller than traditional trade theory would … suggest. Trust between trading partners lowers transaction costs and may therefore enhance trade. The empirical analysis of … this paper shows that more trust leads to more trade so that part of the mystery of missing trade can be attributed to the …
Persistent link: https://www.econbiz.de/10011334351
; the other is a market-making mode by which an intermediary offers a platform for buyers and sellers to trade with each …
Persistent link: https://www.econbiz.de/10011520869
Persistent link: https://www.econbiz.de/10000938519
Persistent link: https://www.econbiz.de/10003408319
Persistent link: https://www.econbiz.de/10008654178
Persistent link: https://www.econbiz.de/10009008691
Entrepreneurs exit their business due to selection mechanisms experienced in the market place. Next to this well known ex-post decision to exit, entrepreneurs select ex-ante whether they are willing to pursue an entrepreneurial career at all, or to give up these entrepreneurial intentions. This...
Persistent link: https://www.econbiz.de/10011374393
Across countries, women own significantly fewer businesses than do men. We show that this is due, in large part, to the fact that the propensity to start businesses of women is significantly lower than that of men. The lower propensity of women, in turn, appears to be highly correlated to...
Persistent link: https://www.econbiz.de/10011374407
We study entrepreneurs’ behavioral responses of effort (moral hazard) to avoid business failure.This is done in the context of an unemployment insurance scheme for self-employed, wherewe estimate how much of the transition probability to unemployment can be causally attributedto being insured....
Persistent link: https://www.econbiz.de/10011376618
This study focuses on the external orientations of the second-generation migrant entrepreneurs by addressing in particular the way – and the extent to which – the choice for entrepreneurship is made by higher-educated young ethnic generations. The empirical data of our study is based on...
Persistent link: https://www.econbiz.de/10011377832