Showing 1 - 10 of 17
Many basic economic theories with perfectly functioning markets do not predict the existence of the vast number of microenterprises readily observed across the world. We put forward a model that illuminates why financial and managerial capital constraints may impede experimentation, and thus...
Persistent link: https://www.econbiz.de/10013065641
This paper presents a theoretical model of faculty consulting in the context of government and industry funding for research within the university, which then frames an empirical analysis of the funding and consulting of 458 individual faculty inventors from 8 major US universities. In the...
Persistent link: https://www.econbiz.de/10013039134
The paper studies the effects of tax policy on venture capital activity. Entrepreneurs pursue a single high risk project each but have no own resources. Financiers provide equity finance. They must structure the entrepreneur's profit share and base salary to assure their incentives for full...
Persistent link: https://www.econbiz.de/10012783952
We analyze the early labor market outcomes of U.S. college graduates from the classes of 1974 to 2011, as a function of the economic conditions into which they graduated. We have three main findings. First, poor labor market conditions substantially disrupt early careers. A large recession at...
Persistent link: https://www.econbiz.de/10013046597
births in Uruguay, we estimate that participation in a generous cash transfer program led to a sizeable 15% reduction in the …
Persistent link: https://www.econbiz.de/10013117209
selection bias, and propose a new methodology based on quantile regressions. Using a novel data set from Uruguay, we apply our …
Persistent link: https://www.econbiz.de/10013105731
We asked 97 cigarette smokers to make a series of 12 binary choices between experimental cigarette packages with varying warnings and background colors. Each smoker had to decide which of the two packages contained cigarettes less risky for his health. We tested whether the smokers, confronted...
Persistent link: https://www.econbiz.de/10012911714
Background. In 2005, Uruguay instituted a nationwide tobacco control campaign that has resulted in a substantial … Uruguay during 2007-2012, supplemented by data on cigarette prices and various governmental policies.Methods. We estimated … birth weight by an estimated 163 grams.Conclusion. Uruguay's nationwide tobacco control campaign led to a substantial …
Persistent link: https://www.econbiz.de/10013059749
Argentina, Chile, Uruguay and Greece. The results suggest that the haircut imposed by Argentina in its 2005 restructuring (75 …
Persistent link: https://www.econbiz.de/10013027684
This study examines the impact of unions on wages and employment using data from Uruguay in a period where unions were …
Persistent link: https://www.econbiz.de/10013221079