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drastically after this point. They also apply a new instrument, changes in house prices, for wealth in the entry equation, and … show that instrumented wealth is not a significant determinant of entry. We reinterpret these findings: first, we …
Persistent link: https://www.econbiz.de/10013317539
France have flatter wealth gradients …We study the effects of liquidity constraints and start-up costs on the relationship between wealth and the fraction of … entrepreneurs in an economy. We develop a dynamic occupational choice model with endogenous wealth and entry into entrepreneurship …
Persistent link: https://www.econbiz.de/10013316960
Important gender differences in earnings and career trajectories persist. Particularly, in professions such as business. Gender differences in competitiveness have been proposed as a potential explanation. Using an incentivized measure of competitiveness, this paper investigates whether...
Persistent link: https://www.econbiz.de/10013012820
In many professional service firms, new associates work long hours while competing in up-or-out promotion contests. Our model explores why these firms require young professionals to take on heavy work loads while simultaneously facing significant risks of dismissal. We argue that the...
Persistent link: https://www.econbiz.de/10012995535
This paper provides a quantitative evaluation of the macroeconomic, distributional, and fiscal effects of three reform proposals for Germany: i) a reduction in the social security tax in the low-wage sector, ii) a publicly financed expansion of full-day child care and full-day schooling, and...
Persistent link: https://www.econbiz.de/10012996554
If certain start-up characteristics will indicate a business success, knowing such characteristics could generate more successful start-ups and more efficient start-up counseling. Our study will contribute to this by quantifying individual success determinants of freelance start-ups. The data...
Persistent link: https://www.econbiz.de/10012780455
Persistent link: https://www.econbiz.de/10013153490
Investment in improved agricultural inputs is infrequent for smallholder farmers in Africa. One barrier may be limited … sample of smallholder farmers in rural Mozambique. This sample included a set of primary farmers and their closest farming … fertilizer salience in the remunerated savings treatment may have been important to focus farmers' (limited) attention on saving …
Persistent link: https://www.econbiz.de/10012857838
The paper performs both a parametric and non-parametric analysis to address a fundamental question in the growing literature using search models to study labor market informality: should informal self-employment and informal employment as employee be considered two different labor market states?...
Persistent link: https://www.econbiz.de/10014347800
Only a few large, nationally-representative datasets include information on both the owner and the business. We briefly describe several of the most respected and up-to-date sources of data on entrepreneurs, the self-employed, and small businesses. More information including estimates of recent...
Persistent link: https://www.econbiz.de/10012757745