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Self-Employment Dynamics and the Returns to Entrepreneurship
Dillon, Eleanor Wiske - 2017
Small business owners and others in self-employment have the option to transition to paid work. If there is initial uncertainty about entrepreneurial earnings, this option increases the expected lifetime value of self-employment relative to pay in a single year. This paper first documents that...
Persistent link: https://www.econbiz.de/10012963153
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Does Career Risk Deter Potential Entrepreneurs?
Gottlieb, Joshua D. - 2019
Do potential entrepreneurs remain in wage employment because of concerns that they will face worse job opportunities should their entrepreneurial ventures fail? Using a Canadian reform that extended job-protected leave to one year for women giving birth after a cutoff date, we study whether the...
Persistent link: https://www.econbiz.de/10012903089
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Minority Self-Employment in the United States and the Impact of Affirmative Action Programs
Blanchflower, David G. - 2021
n this paper I examine changes in self-employment that have occurred since the early 1980s in the United States. It is a companion paper to a recent equivalent paper that related to the UK. Data on random samples of approximately twenty million US workers are examined taken from the Basic...
Persistent link: https://www.econbiz.de/10013243450
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Networking Frictions in Venture Capital, and the Gender Gap in Entrepreneurship
Howell, Sabrina T; Nanda, Ramana - 2022
Exploiting random variation in the number of venture capitalist (VC) judges assigned to panels at Harvard Business School’s New Venture Competition (NVC) between 2000 and 2015, we find that exposure to more VC judges increases male participants’ chances of founding a VC-backed startup after...
Persistent link: https://www.econbiz.de/10013324536
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Production Networks, Geography and Firm Performance
Bernard, Andrew B. - 2015
Japan which lowered the cost of passenger travel but left shipping costs unchanged. Using an exhaustive dataset on firms …
Persistent link: https://www.econbiz.de/10013024518
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Vertical Networks and Us Auto Parts Exports : Is Japan Different?
Head, Keith; Ries, John C.; Spencer, Barbara J. - 2022
, while Japan is a large parts importer, the composition of its imports is shifted away from parts where vertical keiretsu are …
Persistent link: https://www.econbiz.de/10013308457
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Star Scientists, Institutions, and the Entry of Japanese Biotechnology Enterprises
Darby, Michael R.; Zucker, Lynne G. - 2021
industry. Comparing Japan and the U.S., the structure of the science appears broadly similar, but the organization of the … existing firms (NBSs). We report pooled poisson regression estimates of the relation of NBE births in Japan to top-producing is … at work in Japan and America, stars in Japan induce entry of significantly fewer NBEs than in the U.S. and preexisting …
Persistent link: https://www.econbiz.de/10013230186
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How Does Declining Unionism Affect the American Middle Class and Intergenerational Mobility?
Freeman, Richard B. - 2015
This paper examines unionism's relationship to the size of the middle class and its relationship to intergenerational mobility. We use the PSID 1985 and 2011 files to examine the change in the share of workers in a middle-income group (defined by persons having incomes within 50% of the median)...
Persistent link: https://www.econbiz.de/10013013519
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Household Wealth Trends in the United States, 1962-2013 : What Happened Over the Great Recession?
Wolff, Edward N. - 2014
Asset prices plunged between 2007 and 2010 but then rebounded from 2010 to 2013. The most telling finding is that median wealth plummeted by 44 percent over years 2007 to 2010, almost double the drop in housing prices. The inequality of net worth, after almost two decades of little movement, was...
Persistent link: https://www.econbiz.de/10013040531
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Loan Originations and Defaults in the Mortgage Crisis : The Role of the Middle Class
Adelino, Manuel - 2015
We provide new facts on the debt dynamics leading up to the financial crisis of 2007. Earlier research suggests that distortions in the supply of mortgage credit, evidenced by a decoupling of credit flow from income growth, may have caused the rise in house prices and the subsequent housing...
Persistent link: https://www.econbiz.de/10013030138