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entrepreneurship. The literature argues that the guaranteed availability of health insurance introduced by the Affordable Care Act (ACA …) of 2010 could reduce this barrier to entrepreneurship and thereby increase entrepreneurial activity. In this paper, we …
Persistent link: https://www.econbiz.de/10012705577
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
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
In this paper, we assess the impact of firms introducing part-time work schemes for gradual labour market exit of elderly workers on their employees' labour market outcomes. The analysis is based on unique linked employer-employee data that combine high-quality survey and administrative data....
Persistent link: https://www.econbiz.de/10009777026
entrepreneurship. -- personal bankruptcy law ; insolvency ; entrepreneurship ; fresh start …, lenders may charge higher interest rates or ration credit supply, which can hamper entrepreneurship. Both aspects of a more … tests the hypotheses derived by exploiting the introduction of a "fresh start" policy in Germany in 1999 as a natural …
Persistent link: https://www.econbiz.de/10009126032
We exploit Germany's reunification to identify how school-age education affects entrepreneurial intentions. We look at … university students in reunified Germany who were born before the Iron Curtain fell. During school age, all students in the West …
Persistent link: https://www.econbiz.de/10011346583
We extend Lazear's theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical … generalists and specialists to possess skill variety. Third, we test our model empirically using data from Germany and the …, but also commercial value. Our findings support the notion that entrepreneurship can be learned. …
Persistent link: https://www.econbiz.de/10010230889
also reinforce the prior evidence on the intergenerational transmission of entrepreneurship. …
Persistent link: https://www.econbiz.de/10011454428
Germany experienced a unique rise in the level of self-employment in the first two decades following unification … employees and the overall level of self-employment in West Germany, their explanatory power is much lower for the stronger … increase of solo self-employment and of self-employment in former socialist East Germany. …
Persistent link: https://www.econbiz.de/10010473186
Based on representative micro data for Germany, we compare the incomes of self-employed with those of wage workers. Our … employee, while the median solo entrepreneur earns less. However, solo entrepreneurship pays for those with a university …
Persistent link: https://www.econbiz.de/10010438895