entrepreneurship is introduced, where individuals can choose not to work, become entrepreneurs, or work in one of the two sectors … entrepreneurship in the United States. …

unemployment relative to wage employment, and that self-employment increases with this ratio. To understand the sources of these … matches, and calibrate it to match all transition rates between wage employment, unemployment and self-employment as well as … that labor market frictions affect self-employment as much as unemployment. Labor market frictions also reduce aggregate …

the impact of uncertainty shocks on unemployment dynamics. Using a vector autoregression approach, we show that … uncertainty shocks measured by stock market volatility have a significant impact on the U.S. unemployment rate. We then develop a …

mostly explained by the higher unemployment rate during a recession, together with the fact that at all times, unemployed … entry strongly applies to unincorporated entrepreneurship, but only weakly to incorporated entrepreneurship. This highlights … the association of unincorporated and incorporated entrepreneurship with necessity and opportunity entrepreneurship …

We present first evidence how individual risk preferences shape entrepreneurial investment among the very wealthy using … standard measure of risk tolerance. We find that wealthy individuals are more likely to be entrepreneurs and invest a larger … ways strongly determined by individual risk tolerance. Since the wealthy dominate aggregate risky investment, their risk …

This paper investigates the impact of risk attitudes on the decision to become an entrepreneur. In contrast to previous … variation in risk aversion the early exposure to a massive earthquake. Using several waves of the Bank of Italy Survey of … Household Income and Wealth (SHIW), we find that individuals experiencing an earthquake become significantly more risk averse …

have high rates of unemployment relative to wage employment, and that self-employment is particularly high where the … unemployment-wage employment ratio is high. I interpret high unemployment-employment ratios as evidence of labor market frictions … labor market frictions can explain almost the entire variation in not only unemployment, but also wage employment and self …

.e., switching from self-employment to unemployment) are substantial and exceed the costs of involuntarily losing a salaried job (i ….e., switching from salaried employment to unemployment). Meanwhile, leaving self-employment has no consequences for selfreported … this traumatic event. Our findings imply that policies encouraging entrepreneurship should also carefully consider the …

methodology that combines institutions and human agency into an interdependent system, applying the configuration theory. We argue …

entrepreneurship entry and exit intentions during the pandemic. To that end, we analyze primary survey data we collected in the … remote work also matter for entrepreneurial intentions. Our findings enhance the understanding of entrepreneurship formation … and closure in a time of adversity and suggest that implementing entrepreneurship training and upskilling policies during …