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entrepreneurs in an economy. We develop a dynamic occupational choice model with endogenous wealth and entry into entrepreneurship … wealth profile for the fraction of workers in entrepreneurship, start-up costs weaken this relationship by depressing the …We study the effects of liquidity constraints and start-up costs on the relationship between wealth and the fraction of …
Persistent link: https://www.econbiz.de/10003609770
and women, compared to non-Jews, with additional analyses of earnings, self-employment, and wealth. The Jews in Colonial … compared to 20 percent of white non-Jewish men were in professional occupations. Among working women in 2000, 51 percent of the … Jewish women and 28 percent of non-Jewish white women were in professional jobs. Differences by gender were smaller than …
Persistent link: https://www.econbiz.de/10003922125
novel survey data from the top of the wealth distribution, which have been added to the 2019 German Socio-economic Panel … Study. The data include private wealth balance sheets, in particular the value of own private business assets, and a … share of their wealth in their own businesses when they are more willing to take risks. These associations are stronger …
Persistent link: https://www.econbiz.de/10012389043
Persistent link: https://www.econbiz.de/10002161680
Since the Middle Ages the Jews have been engaged primarily in urban, skilled occupations, such as crafts, trade, finance, and medicine. This distinctive occupational selection occurred between the seventh and the ninth centuries in the Muslim Empire and then it spread to other locations. We...
Persistent link: https://www.econbiz.de/10011415389
main focus of the paper is on transitional dynamics under different initial wealth levels. Whether an initially small … toward the informal sector even though the initial wealth level is high. Lowering taxes on formal activity joined with strict …
Persistent link: https://www.econbiz.de/10011580568
. This paper studies the role of endogenous owner hours in shaping the wealth distribution among entrepreneurs. We introduce … levels and the dispersion of wealth among entrepreneurs. Long owner hours incentivize poor, highly productive individuals to … be owners and help the most productive owners to accumulate large quantities of wealth. On net, owners working long hours …
Persistent link: https://www.econbiz.de/10012139200
.g., self-employment, no migration background, inheritances, high income) that decrease the wealth gap for women increase it for …While most studies on wealth inequality focus on the inequality between households, this paper examines the … distribution of wealth within couples. For this purpose, we make use of unique individual level micro data from the German Socio …
Persistent link: https://www.econbiz.de/10010195489
There is growing interest in understanding how gender influences the accumulation of wealth. While prior studies … oversamples the top 1% of wealth holders in Germany, we show that the gender wealth gap is small for individuals up to age 40 … differences: men tend to inherit larger sums than women during their working life. Women often outlive their male partners, thus …
Persistent link: https://www.econbiz.de/10015074456
The British Industrial Revolution triggered a reversal in the social order whereby the landed elite was replaced by industrial capitalists rising from the middle classes as the economically dominant group. Many observers have linked this transformation to the contrast in values between a...
Persistent link: https://www.econbiz.de/10003586551