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Entrepreneurship, Happiness and Supernormal Returns : Evidence from Britain and the Us

Blanchflower, David G.; Oswald, Andrew J. - 2021

Do entrepreneurs earn supernormal returns, or does competitive pressure ensure that entrepreneurs receive the same utility level as workers? If those who run their own businesses get supernormal returns (or 'rents') they should be happier than those who work as employees. The paper tests this...

Persistent link: https://www.econbiz.de/10013218723

How Segregated is Urban Consumption?

Davis, Donald R. - 2017

We provide measures of ethnic and racial segregation in urban consumption. Using Yelp reviews, we estimate how spatial and social frictions influence restaurant visits within New York City. Transit time plays a first-order role in consumption choices, so consumption segregation partly reflects...

Persistent link: https://www.econbiz.de/10012947664

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

The Impact of City Contracting Set-Asides on Black Self-Employment and Employment

Chatterji, Aaron - 2014

In the 1980s, many U.S. cities initiated programs reserving a proportion of government contracts for minority-owned businesses. The staggered introduction of these set-aside programs is used to estimate their impacts on the self-employment and employment rates of African-American men. Black...

Persistent link: https://www.econbiz.de/10013064362

The Ethnic and Racial Character of Self-Employment

Fairlie, Robert W.; Meyer, Bruce D. - 2021

Using the 1980 and 1990 Censuses, we show that self-employment rates differ substantially across ethnic and racial groups in the U.S. These differences exist for both men and women, within broad combinations of ethnic/racial groups such as Europeans, Asians, Hispanics and blacks, and after...

Persistent link: https://www.econbiz.de/10013248692

Self-Employment, Family Background, and Race

Hout, Michael; Rosen, Harvey S. - 2021

We focus on the intergenerational transmission of the propensity to be self-employed. Our emphasis is on the role of family background, and in particular, on what we call the intergenerational pick-up rate with respect to self-employment, the probability that a person with a self-employed parent...

Persistent link: https://www.econbiz.de/10013218089

Self-Employment Dynamics and the Returns to Entrepreneurship

Dillon, Eleanor Wiske - 2017

with experimentation to learn about earnings. This pattern motivates estimating the expected returns to entrepreneurship … found to constitute a substantial portion of the monetary value of entrepreneurship. The model is then used to evaluate …

Persistent link: https://www.econbiz.de/10012963153

Immigrant Entrepreneurship

Kerr, Sari Pekkala - 2016

We examine immigrant entrepreneurship and the survival and growth of immigrant-founded businesses over time relative to … into the United States, comprehensive data for quantifying immigrant entrepreneurship are difficult to assemble. We combine …

Persistent link: https://www.econbiz.de/10012987141

The Right Stuff? Personality and Entrepreneurship

Hamilton, Barton Hughes - 2018

entrepreneurship. Previous work has recognized that workers may opt for self-employment due to the non-pecuniary benefits of running a … reveals that the personality traits that make entrepreneurship profitable are not always the same traits driving people to … open a business. This has important consequences for entrepreneurship policies. For example, subsidies for small businesses …

Persistent link: https://www.econbiz.de/10012911470

Selection into Entrepreneurship and Self-Employment

Levine, Ross - 2018

We study the effects of ability and liquidity constraints on entrepreneurship. We develop a three sector Roy model that … on entry into entrepreneurship. The model predicts—and the data confirm—that entrepreneurs are positively selected on … positively selected on collateral, but other self-employed are not; and entrepreneurship is procyclical, but self-employment is …

Persistent link: https://www.econbiz.de/10012906767