Showing 1 - 10 of 337
entrepreneurs themselves? Using Danish register data of newly founded firms and their entrepreneurs and employees between 2003 and …
Persistent link: https://www.econbiz.de/10012985657
This paper is concerned with whether women are less likely to express business start-up intentions because of a less favourable attitude to risk. Previous research suggests that attitude to risk differs significantly between genders, but has not addressed the question of whether this contributes...
Persistent link: https://www.econbiz.de/10013098820
Small business activity and female entrepreneurship have become increasingly important features of the UK economy since the start of the Great Recession. In this paper, we re-examine the impact of liquidity constraints on new business formation in an instrumental variables framework, using a...
Persistent link: https://www.econbiz.de/10013023768
search model and empirical analysis of survey of entrepreneurs from Swaziland. The results show that entrepreneurs of both … entrepreneurs, formal finance sources of start-up capital are also associated with higher sales. However, as in other developing … countries, women entrepreneurs in Swaziland have smaller start-up capital and are less likely to fund it from formal sources …
Persistent link: https://www.econbiz.de/10012980353
The vast majority of firms in developing economies are micro and small enterprises owned by families whose members also provide the labour to the units. Often, they fail to grow in size even with the relaxation of credit constraints. In this paper, we show that frictions in the labour market...
Persistent link: https://www.econbiz.de/10013104968
Parental entrepreneurship is a strong, probably the strongest, determinant of own entrepreneurship. We explore the origins of this intergenerational association in entrepreneurship. In particular, we identify the separate effects of pre- and post-birth factors (nature and nurture), by using a...
Persistent link: https://www.econbiz.de/10013103039
The favorite-longshot bias describes the longstanding empirical regularity that betting odds provide biased estimates of the probability of a horse winning - longshots are overbet, while favorites are underbet. Neoclassical explanations of this phenomenon focus on rational gamblers who overbet...
Persistent link: https://www.econbiz.de/10013133624
We conduct a framed field experiment with 245 employed persons (no students) as subjects and a real tax, which is levied on the subjects' income from working in our real effort task. In our first three treatments, the net wage is constant but gross wages are subject to different constant...
Persistent link: https://www.econbiz.de/10013119014
We study the influence of risk and time preferences on trust and trustworthiness by conducting a field experiment in Vietnamese villages and by estimating the parameters of the Cumulative Prospect Theory and of quasi-hyperbolic time preferences. We find that while probability sensitivity or risk...
Persistent link: https://www.econbiz.de/10013099719
Studies have found evidence that seemingly irrelevant details of an income component such as its label have an effect on how it is used. Using a data set with more than one million employee-month observations, we investigate the role of functional form assumptions and time aggregation in the...
Persistent link: https://www.econbiz.de/10013087430