Showing 1 - 10 of 311
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of … more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm … performance. Using longitudinal data, we find large and sustained effects of entrepreneurs at all levels of the performance …
Persistent link: https://www.econbiz.de/10009695982
A tradition from Knight (1921) argues that more risk tolerant individuals are more likely to become entrepreneurs, but …
Persistent link: https://www.econbiz.de/10009713097
Maternity and family leave policies enable mothers to take time off work to prepare for and recover from childbirth and to care for their new children. While there is substantial variation in the details of these policies around the world, the existing research yields the following general...
Persistent link: https://www.econbiz.de/10011607414
We measure the willingness to compete of entrepreneurs and salaried workers in an experiment. We let participants … entrepreneurs are less competitive than salaried workers, but that in the public condition this ordering is reversed. Data from a … follow-up survey suggest that social image concerns of entrepreneurs and perceived norms can explain why entrepreneurs are …
Persistent link: https://www.econbiz.de/10012485517
We test the hypothesis, based on popular and theoretical perspectives, that entrepreneurs are more action-oriented than … experiment among 100s of entrepreneurs, managers and employees. Our experimental results show that entrepreneurs are indeed more … curiosity. Our empirical test results show that (i) entrepreneurs score indeed higher, on average, than managers and employees …
Persistent link: https://www.econbiz.de/10011607388
Firm ownership is a dening feature of immigrant adaptation: 41% of immigrants own a firm at some point in their first 10 years post-arrival. We use Canadian data linking immigrant arrival records with individual and firm tax data to examine the process of entering firm ownership for immigrants....
Persistent link: https://www.econbiz.de/10014388854
Hurst and Lusardi (2004) recently challenged the long-standing belief that liquidity constraints are important causal determinants of entry into self-employment. They demonstrate that the oft-cited positive relationship between entry rates and assets is actually unchanging as assets increase...
Persistent link: https://www.econbiz.de/10003344611
This paper discusses the claim made in Altonji and Pierret (1997) and Lange (2005) that a high speed of employer learning indicates a low value of job market signaling. The claim is first discussed intuitively in light of Spence’s original model and then evaluated in a simple extension of a...
Persistent link: https://www.econbiz.de/10003469479
We explore the country-specific institutional characteristics likely to influence an individual's decision to become an entrepreneur. We focus on the size of the government, on freedom from corruption, and on 'market freedom' defined as a cluster of variables related to protection of property...
Persistent link: https://www.econbiz.de/10008668035
Two ubiquitous empirical regularities in pay distributions are that the variance of wages increases with experience, and innovations in wage residuals have a large, unpredictable component. The leading explanations for these patterns are that over time, either firms learn about worker...
Persistent link: https://www.econbiz.de/10008689037