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If you are so smart, why aren't you an entrepreneur?
Hartog, Joop; Praag, Mirjam van; Sluis, Justin van der - 2008
questions: (1) To what extent does a composite measure of ability affect an entrepreneur's earnings relative to employees? (2 …) Do different cognitive abilities (e.g. math ability, language ability) and social ability affect earnings of … entrepreneurs and employees differently?, and (3) Does the balance in these measured ability levels affect an individual's earnings …
Persistent link: https://www.econbiz.de/10011376647
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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
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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
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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
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The anatomy of competitiveness
Buser, Thomas; Oosterbeek, Hessel - 2023
A large empirical literature in behavioral economics investigates heterogeneity across individuals and groups in preferences for competition. In this study, we provide a more detailed view on competitiveness by differentiating between four different motivations for entering competitions -...
Persistent link: https://www.econbiz.de/10014290494
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Is a minimum wage an appropriate instrument for redistribution?
Gerritsen, Aart; Jacobs, Bas - 2016
We analyze the redistributional (dis)advantages of a minimum wage over income taxation in competitive labor markets, without imposing assumptions on the (in)efficiency of labor rationing. Compared to a distributionally equivalent tax change, a minimum-wage increase raises involuntary...
Persistent link: https://www.econbiz.de/10011563071
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Import competition and domestic transport costs
Caragliu, Andrea; Gerritse, Michiel - 2022
With China's 2001 WTO accession, trade costs between the US and China fell sharply, but the transport costs of Chinese imports within the US remained sizable. We argue that domestic transport costs shield local labor markets from globalization. Using a shift-share design for industry-level...
Persistent link: https://www.econbiz.de/10013375367
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Imperfect information, lagged labor adjustment and the great moderation
Willems, Tim; Wijnbergen, Sweder van - 2012
This paper first documents the increase in the time lag with which labor input reacts to output fluctuations (the labor adjustment lag) that is visible in US data since the mid-1980s. We show that a lagged labor adjustment response is optimal in a setting where there is uncertainty about the...
Persistent link: https://www.econbiz.de/10011378349
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Illegal entrepreneurship experience
Aidis, Ruta; Praag, Mirjam van - 2004
Existing studies show a positive relationship between entrepreneurs' business performance and their conventional human capital as measured by previous business experience and formal education. In this paper, we explore whether illegal entrepreneurship experience (IEE), an unconventional form of...
Persistent link: https://www.econbiz.de/10011337996
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Simultaneous search with heterogeneous firms and ex post competition
Gautier, Pieter; Wolthoff, Ronald - 2006
In this paper we study the allocation of workers over high and low productivity firms in a labor market with coordination frictions. Specifically, we consider a search model where workers can apply to high and or low productivity firms. Firms that compete for the same candidate can increase...
Persistent link: https://www.econbiz.de/10011348699