Small business activity and female entrepreneurship have become increasingly important features of the UK economy since … further accelerate the rise of female entrepreneurship. …

equity increases the mean probability of entrepreneurship by roughly 20 percent and that the effect is not concentrated at …

entrepreneurs in an economy. We develop a dynamic occupational choice model with endogenous wealth and entry into entrepreneurship …. The model predicts that, with liquidity constraints, the probability of entering entrepreneurship is an increasing … wealth profile for the fraction of workers in entrepreneurship, start-up costs weaken this relationship by depressing the …