Formal education is correlated with entrepreneurial activity and success, but correlation does not indicate causation …. Education and entrepreneurship are both influenced by other related factors. The current study estimates causal effects of … formal education on entrepreneurship outcomes by instrumenting for an individual's years of schooling using cohort mean years …

pandemic recession encouraged more young people to complete high school. The pandemic created extensive problems in education …

This paper develops a model of costly firm creation in an economy with weak institutions, costly business environment … environment tend to be more effective in creating productive firms when accompanied by narrowing skill gaps. Similarly, more … conducive business regulations amplify the positive impact on firm creation of better education and reduced skill mismatches. To …