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Business survival and success of young small business owners

Praag, Mirjam van - 2003

Little empirical evidence provides insight in person-oriented drivers of business survival and success of small … business owners. In this paper I perform a duration analysis of business survival amongst young white (selfemployed) small … survival are derived from recent empirical evidence in related studies. The potential drivers of success are also derived from …

Persistent link: https://www.econbiz.de/10011333891

Instrumental variable estimation for duration data

Bijwaard, Govert - 2008

In this article we develop an Instrumental Variable estimation procedure that corrects for possible endogeneity of a variable in a duration model. We assume a Generalized Accelerated Failure Time (GAFT) model. This model is based on transforming the durations and assuming a distribution for...

Persistent link: https://www.econbiz.de/10011374410

The multi-state latent factor intensity model for credit rating transitions

Koopman, Siem Jan; Lucas, André; Monteiro, André Antonio - 2006

A new empirical reduced-form model for credit rating transitions is introduced. It is a parametric intensity-based duration model with multiple states and driven by exogenous covariates and latent dynamic factors. The model has a generalized semi-Markov structure designed to accommodate many of...

Persistent link: https://www.econbiz.de/10011346452

Education and health : the role of cognitive ability

Bijwaard, Govert; Kippersluis, Hans van; Veenman, Justus - 2013

Persistent link: https://www.econbiz.de/10009724642

Who values the status of the entrepreneur?

Praag, Mirjam van - 2009

Parker and Van Praag (2009) showed, based on theory, that the group status of the profession ‘entrepreneurship’ shapes people’s occupational preferences and thus their choice behavior. The current study focuses on the determinants and consequences of the group status of a profession,...

Persistent link: https://www.econbiz.de/10011378334

Returns for entrepreneurs versus employees : the effect of education and personal control on the relative performance of entrepreneurs vis-a-vis wage employees

Praag, Mirjam van; Witteloostuijn, Arjen van; Sluis, … - 2009

How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that...

Persistent link: https://www.econbiz.de/10011379475

Are education and entrepreneurial income endogenous and do family background variables make sense as instruments? : a Bayesian analysis

Block, Jörn; Hoogerheide, Lennart; Thurik, Adriaan R. - 2010 - Current version: February 2010

Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from endogeneity suspicion. For instance, ability and occupational choice are mentioned as driving both the level of (entrepreneurial) income and of education. Using instrumental...

Persistent link: https://www.econbiz.de/10011380037

Entrepreneurship selection and performance

Sluis, Justin van der; Praag, Mirjam van; Vijverberg, … - 2004

This meta-analytical review of empirical studies of the impact of schooling on entrepreneurship selection and performance in developing economies looks at variations in impact across specific characteristics of the studies. A marginal year of schooling in developing economies raises enterprise...

Persistent link: https://www.econbiz.de/10011333877

Schooling, capital constraints and entrepreneurial performance

Parker, Simon C.; Praag, Mirjam van - 2005

We estimate the impact of schooling and capital constraints at the time of startup on the performance of Dutch entrepreneurial ventures, taking into account the potential endogeneity and interdependence of these variables. Instrumental variable estimates indicate that a 1 percentage point...

Persistent link: https://www.econbiz.de/10011337974

Risk, balanced skills and entrepreneurship

Hsieh, Chihmao; Parker, Simon C.; Praag, Mirjam van - 2011

Persistent link: https://www.econbiz.de/10009720700

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