Showing 1 - 10 of 21
We evaluate a non-targeted summer youth employment program (SYEP) for high school students aged 16-19 in Stockholm, Sweden, where public sector job offers were as good as randomly assigned. In contrast to previous studies evaluating SYEP that targeted groups with lower socioeconomic status, we...
Persistent link: https://www.econbiz.de/10014501062
This study estimates the impact of financial deregulation on top income shares. Using the novel econometric method of constructing synthetic control groups, we show that the "Big Bang"-deregulations in the United Kingdom in 1986 and Japan 1997-1999 increased the share of pre-tax incomes going to...
Persistent link: https://www.econbiz.de/10011436654
Evasive entrepreneurs innovate by circumventing or disrupting existing formal institutional frameworks by evading them. Since such evasions rarely go unnoticed, they usually lead to responses from lawmakers and regulators. We introduce a conceptual model to illustrate and map the interdependence...
Persistent link: https://www.econbiz.de/10011420647
economies. Formal and informal institutions in such countries are often sub-par, but rather than being constrained by them …, entrepreneurship can often affect institutions and contribute to their evolution. We highlight three entrepreneurial responses to the … occurs. Better knowledge of entrepreneurial responses to institutions and the context in which they occur offers a promising …
Persistent link: https://www.econbiz.de/10012137563
Personal freedom is highly valued by many and a central element of liberal political philosophy. Although personal freedom is frequently associated with electoral democracy, developments in countries such as Hungary, Poland, Turkey and Russia, where elected populist leaders with authoritarian...
Persistent link: https://www.econbiz.de/10011994154
We examine whether Europe has an "entrepreneurship deficit" compared to other industrialized regions. Cross-country comparisons are difficult due to the lack of standard empirical definitions of entrepreneurship. Measures focusing on small business activity and startup rates suggest that Europe...
Persistent link: https://www.econbiz.de/10011657487
Social trust is linked to many desirable economic and social outcomes, but the causality between trust and institutions … institutions and norms (such as corruption perceptions, average trust levels and various aspects of economic freedom) on social …
Persistent link: https://www.econbiz.de/10011536000
In this paper, we argue that evasive entrepreneurship is an important source of innovation in the economy. Institutions … entrepreneur may earn large rents by circumventing institutional impediments. Paradoxically, institutions may be less of a … evasive entrepreneurship may be able to prevent economic development from being sti-fled by existing institutions during times …
Persistent link: https://www.econbiz.de/10010416707
that trigger migration. People may well want to stay in or move to relatively poor countries if institutions are good …, partly because good institutions have an intrinsic value for people and partly because good institutions may be a sign of … levels, we find that institutional quality matters significantly for migration. Poor institutions act as a push factor, while …
Persistent link: https://www.econbiz.de/10011305765
We demonstrate how successful entrepreneurship depends on a collaborative innovation bloc (CIB), a system of innovation that evolves spontaneously and within which activity takes place through time. A CIB consists of six pools of economic skills from which people are drawn or recruited to form...
Persistent link: https://www.econbiz.de/10012234318