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Hiring freeze and bankruptcy in unemployment dynamics

Garibaldi, Pietro (contributor) - 2006

.S. data. A calibration of the model that explicitly considers hiring freeze and bankruptcy can account for 20 to 35 percent of …

Persistent link: https://www.econbiz.de/10003359295

Equilibrium wage and employment dynamics in a model of wage posting without commitment

Coles, Melvyn Glyn; Mortensen, Dale - 2011

A rich but tractable variant of the Burdett-Mortensen model of wage setting behavior is formulated and a dynamic market equilibrium solution to the model is defined and characterized. In the model, firms cannot commit to wage contracts. Instead, the Markov perfect equilibrium to the wage setting...

Persistent link: https://www.econbiz.de/10009312108

Business, bankruptcy, and beliefs : the financial demise of NBA stars

Henry, Ruby - 2013

outcomes of both entrepreneurial activity (investment effort) and bankruptcy. Without correcting for endogeneity it does appear … that starting businesses causes bankruptcy. After using charitable foundations as an instrument, however, the data confirms … effect of confidence on bankruptcy to be non-monotonic. Having some confidence decreases the probability of bankruptcy, but …

Persistent link: https://www.econbiz.de/10009717804

Tenancy by the entirety and the value of wealth insurance for entrepreneurs

Traczynski, Jeffrey - 2020

This paper explores the willingness of entrepreneurs to pay for wealth insurance to protect personal assets in case of business failure and the impact of this strategy on small business operation decisions. I show that antidiscrimination laws allow married firm owners in half of U.S. states to...

Persistent link: https://www.econbiz.de/10012203405

Badge of honor or scarlet letter? : unpacking investors' judgment of entrepreneurs' past failure

Zunino, Diego; Praag, Mirjam van; Dushnitsky, Gary - 2017

Research shows that most ventures fail, yet it has devoted limited attention to the consequences of entrepreneurs' past failure for investors' decisions. Our motivating insight is that failure can be due to bad luck, lack of skill or both. Therefore, failure conveys ambiguous information about...

Persistent link: https://www.econbiz.de/10011732046

Cross-cultural entrepreneurial competence in identifying international business opportunities

Muzychenko, Olga - In: European management journal 26 (2008) 6, pp. 366-377

Persistent link: https://www.econbiz.de/10003798401

Breaking through innovation barriers : linking effectuation orientation to innovation performance

Szambelan, Sebastian; Jiang, Yi; Mauer, René - In: European management journal 38 (2020) 3, pp. 425-434

Persistent link: https://www.econbiz.de/10012268712