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differentiates between entrepreneurs and other self-employed to address puzzling gaps that have emerged between theory and evidence … on entry into entrepreneurship. The model predicts—and the data confirm—that entrepreneurs are positively selected on … highly-remunerated human capital, but other self-employed are negatively selected on those same abilities; entrepreneurs are …
Persistent link: https://www.econbiz.de/10012906767
do not attract talented-but-reluctant entrepreneurs, but instead attract individuals with personality traits associated …
Persistent link: https://www.econbiz.de/10012911470
How does consumer credit access impact job flows, earnings, and entrepreneurship? To answer this question, we build a new administrative dataset which links individual employment and entrepreneur tax records to TransUnion credit reports, and we exploit the discrete increase in consumer credit...
Persistent link: https://www.econbiz.de/10013224975
We disaggregate the self-employed into incorporated and unincorporated to distinguish between "entrepreneurs" and other … "illicit" tendencies as youths accounts for both entry into entrepreneurship and the comparative earnings of entrepreneurs. In … contrast to past research, we find that entrepreneurs earn more per hour and work more hours than their salaried and …
Persistent link: https://www.econbiz.de/10013063299
panel-data approach used to generate these results assumes that either there is no substantial migration response to … of the relationship between business cycles and mortality are highly sensitive to assumptions related to migration. After … adjusting for migration, we find that mortality increased during the cotton recession, but was largely unaffected by the coal …
Persistent link: https://www.econbiz.de/10012954452
I examine the determinants of inter-state migration of adults within western Germany, using the German Socio …-cost migration avenue that has not been considered in the previous literature. I also analyze the relation between repeat and return … migration and distinguish between short and long-distance migration. I confirm that long-distance migrants are more skilled than …
Persistent link: https://www.econbiz.de/10013218746
In 1997 GDP per capita in East Germany was 57% of that of West Germany, wage rates were 75% of western levels, and the … bring convergence, labor flows would respond, enhancing overall efficiency. Yet net emigration from East Germany has fallen … from high levels in 1989-1990 to close to zero. Using state-level data for all of Germany, available from 1991-1996, I am …
Persistent link: https://www.econbiz.de/10013244103
We examine how wealth windfalls affect self-employment decisions using data on cash payments from claims on Texas shale drilling to people throughout the United States. Individuals who receive large wealth shocks (greater than $50,000) have 51% higher self-employment rates. The increase in...
Persistent link: https://www.econbiz.de/10013309718
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
Employment and hours appear far more cyclical than dictated by the behavior of productivity and consumption. This puzzle has been called “the labor wedge” — a cyclical intratemporal wedge between the marginal product of labor and the marginal rate of substitution of consumption for...
Persistent link: https://www.econbiz.de/10013046159