Showing 1 - 10 of 512
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/10010283965
This paper examines the contemporaneous relationship between the exchange rate regime and structural economic reforms for a sample of CEEC/CIS transition countries. We investigate empirically whether structural reforms are complements or substitutes for monetary commitment in the attempt to...
Persistent link: https://www.econbiz.de/10010287667
This paper analyzes, using country-level panel data from transition economies and Latin America, the impact of labor market institutions on informal economic activity. The measure of informal economic activity is taken from Schneider et al. (2010), the most comprehensive study to date. The data...
Persistent link: https://www.econbiz.de/10010291406
Starting from the recent UNICEF publications on child poverty in the developed countries, which received a wide audience in the political and scientific world, in this paper we further analyze the UNICEF study data base and present three composite indices that are multidimensional and...
Persistent link: https://www.econbiz.de/10010268545
Using Finnish panel data, we study how entrepreneurs differ from workers in education and income dynamics. We find that … workers have higher median income in all educational groups. Without additional controls, entrepreneurs have higher average … income with all but undergraduate level of education. However, random effects and matching models suggest that entrepreneurs …
Persistent link: https://www.econbiz.de/10010261924
entrepreneurship and credit constraints under labour market discrimination. We divide self employed into prefer to be self-employed and … prefer to have a salaried job but cannot find one; and divide salaried workers into want-to-be entrepreneurs and happy …-to-be salaried workers. Over 40 percent of migrant workers are either currently or want-to-be entrepreneurs. Both groups are very …
Persistent link: https://www.econbiz.de/10010286270
In a recent paper Edward Lazear proposed the jack-of-all-trades view of entrepreneurship. Based on a coherent model of … roles increases the probability of becoming an entrepreneur. The intuition behind this proposition is that entrepreneurs …. This paper contributes to the entrepreneurship literature by empirically testing Lazear's hypothesis using a large recent …
Persistent link: https://www.econbiz.de/10010261621
Using a large recent representative sample of the German population this paper contributes to the entrepreneurship … literature by empirically testing the hypothesis that young and small firms are hothouses for nascent entrepreneurs. The … economic importance for entrepreneurship of work experience in a firm that is both young and small. …
Persistent link: https://www.econbiz.de/10010261762
This paper tests the theory recently put forward by Edward Lazear that individuals with competence in many skills should have a higher probability of being self-employed than others. The empirical results for Germany support this jack-of-all-trades view.
Persistent link: https://www.econbiz.de/10010262630
The theory proposed below is that entrepreneurs are jacks-of-all-trades who may not excel in any one skill, but are … individuals with balanced skills are more likely than others to become entrepreneurs. The model provides implications for the … proportion of entrepreneurs by occupation, by income and yields a number of predictions for the distribution of income by …
Persistent link: https://www.econbiz.de/10010262718