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Limited access of entrepreneurs to credit constrains the creation and growth of private firms. In Africa, access to … entrepreneurs with productive technologies, while firm growth depends on acquired capital. The shortage of collateral creates a … productive entrepreneurship and private sector employment in Africa …
Persistent link: https://www.econbiz.de/10013117196
Small business activity and female entrepreneurship have become increasingly important features of the UK economy since … further accelerate the rise of female entrepreneurship …
Persistent link: https://www.econbiz.de/10013023768
We extend Becker's model of discrimination by allowing firms to have discriminatory and favoring preferences simultaneously. We draw the two-preference parallel for the marginal firm, illustrate the implications for wage differentials, and consider the implied long-run equilibrium. In the...
Persistent link: https://www.econbiz.de/10012980310
employee, while the median solo entrepreneur earns less. However, solo entrepreneurship pays for those with a university … distribution in their previous salaried job. Surprisingly, the variation in hourly incomes of solo entrepreneurs is higher than … that of entrepreneurs with employees …
Persistent link: https://www.econbiz.de/10013042994
The population of most developed societies is graying. As life expectancy increases and the large baby-boom generation approaches retirement age, this has critical consequences for maintaining a high standard of living and the sustainability of pension systems. In the light of these labor-force...
Persistent link: https://www.econbiz.de/10013317230
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
US entrepreneurs typically work long hours in their firms and these hours form a large part of the firms' labor input …. This paper studies the role of endogenous owner hours in shaping the wealth distribution among entrepreneurs. We introduce … levels and the dispersion of wealth among entrepreneurs. Long owner hours incentivize poor, highly productive individuals to …
Persistent link: https://www.econbiz.de/10012858508
likely to become entrepreneurs. By not having taken this possible linkage into account, previous research has underestimated … the impacts both of risk aversion and balanced skills on the likelihood individuals choose entrepreneurship. Data on Dutch …-averse people might be suited to entrepreneurship; and it may also help explain why prior research has generated mixed evidence …
Persistent link: https://www.econbiz.de/10013117187
entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second … observation is that entrepreneurs enjoy higher returns to human capital than employees. We present an intuitive model showing that … for higher returns to human capital for entrepreneurs …
Persistent link: https://www.econbiz.de/10013158681
I hire 2,700 workers for a transcription job, randomly assigning the gender of their (fictitious) manager and provision of performance feedback. While praise from a manager has no effect, criticism negatively impacts workers' job satisfaction and perception of the task's importance. When female...
Persistent link: https://www.econbiz.de/10012862475