this task. We show, that those announced beliefs lead to a self fulfilling prophecy as the reputation of the responsible …

price rigidity. Reputation powerfully amplifies the positive effects of social preferences on contract enforcement by … interactions, suggesting that it may aggravate price rigidities. Surprisingly, reputation in fact weakens the wage and price …

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 …

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 …

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 …