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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
Although the gender gap in entrepreneurs' success rates to secure funding is staggering, we know little about its causes. This is because observing both sides of investor-entrepreneur interactions (especially for unsuccessful pitches) is difficult in reality, and the associated extraordinary...
Persistent link: https://www.econbiz.de/10012430657
This paper uses the 1918 influenza pandemic as a natural experiment to examine whether air pollution affects susceptibility to infectious disease. The empirical analysis combines the sharp timing of the pandemic with large cross-city differences in baseline pollution measures based on coal-fired...
Persistent link: https://www.econbiz.de/10011347213
due to the burning of bituminous coal for heat. We estimate the effects of this bituminous coal consumption on mortality … within-state changes in mortality in non-winter months as an additional control group. Our estimates suggest that reductions … in the use of bituminous coal for heating between 1945 and 1960 decreased winter all-age mortality by 1.25 percent and …
Persistent link: https://www.econbiz.de/10010250025
at age 40 to 50. However, we show that among infants, children, and young adults, mortality has been falling more quickly … in poorer areas with the result that inequality in mortality has fallen substantially over time. This is an important … that today's children are likely to face considerably less inequality in mortality as they age than current adults. We also …
Persistent link: https://www.econbiz.de/10011458800
The COVID crisis has severely hit both the United States and the European Union. Even though they are the wealthiest regions in the world, they differ substantially in economic performance, demographic characteristics, type of government, health systems, and measures undertaken to counteract...
Persistent link: https://www.econbiz.de/10012290644
Using county-level data on COVID-19 mortality and infections, along with county-level information on the adoption of … mortality. Our estimates suggest that advancing the date of NPI adoption by one day lowers the COVID-19 death rate by 2 … lower non-COVID mortality, suggesting that these measures slowed contagion and the pace at which the healthcare system might …
Persistent link: https://www.econbiz.de/10012290764
uses newly assembled historical data on annual mortality across 438 U.S. cities to explore the determinants of pandemic … mortality. We assess the role of three broad factors: i) pre-pandemic population health and poverty, ii) air pollution, and iii … the distribution of pre-pandemic infant mortality had 21 excess deaths per 10,000 residents in 1918 relative to cities in …
Persistent link: https://www.econbiz.de/10011985935
systematic fashion. Using newly digitized mortality data at the municipal level for the period 1900-1917, we explore the … requirement was associated with a 6 percent decrease in pulmonary TB mortality, while the opening of a state-run sanatorium was … associated with an almost 4 percent decrease in pulmonary TB mortality. However, these and other anti-TB measures can explain, at …
Persistent link: https://www.econbiz.de/10011621424
This paper reviews and extends the recent empirical literature on the impact of climate change on mortality and … mortality risk previously documented up to 2004 have continued up to 2019, consistent with continued investments in health …
Persistent link: https://www.econbiz.de/10013329615