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The Promise and Potential of Linked Employer-Employee Data for Entrepreneurship Research
Goetz, Christopher - 2015
In this paper, we highlight the potential for linked employer-employee data to be used in entrepreneurship research, describing new data on business start-ups, their founders and early employees, and providing examples of how they can be used in entrepreneurship research. Linked...
Persistent link: https://www.econbiz.de/10013013516
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How Prevalent is Downward Rigidity in Nominal Wages? International Evidence from Payroll Records and Pay Slips
Elsby, Michael - 2018
For more than 80 years, many macroeconomic analyses have been premised on the assumption that workers' nominal wage rates cannot be cut. Contrary evidence from household surveys reasonably has been discounted on the ground that the measurement of frequent wage cuts might be an artifact of...
Persistent link: https://www.econbiz.de/10012906307
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Dynamic Olley-Pakes Productivity Decomposition with Entry and Exit
Melitz, Marc J. - 2014
In this paper, we propose an extension of the productivity decomposition method developed by Olley & Pakes (1996). This extension provides an accounting for the contributions of both firm entry and exit to aggregate productivity changes. It breaks down the contribution of surviving firms into a...
Persistent link: https://www.econbiz.de/10013065931
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A Note on Detecting Learning by Exporting
De Loecker, Jan - 2014
Learning by exporting refers to the mechanism whereby firms improve their performance (productivity) after entering export markets. Although this mechanism is often mentioned in policy documents, a significant share of econometric studies has not found evidence for this hypothesis. This paper...
Persistent link: https://www.econbiz.de/10013068993
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Covid-19 and SME Failures
Gourinchas, Pierre-Olivier; Kalemli-Ozcan, Sebnem; … - 2021
We estimate the impact of COVID-19 on business failures for small and medium sized enterprises (SMEs) using firm-level data in seventeen countries. Absent government support, the failure rate of SMEs would have increased by 9.1 percentage points, representing 4.6 percent of private sector...
Persistent link: https://www.econbiz.de/10013244116
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Friends in High Places
Cohen, Lauren - 2010
We demonstrate that personal connections amongst politicians have a significant impact on the voting behavior of U.S. politicians. Networks based on alumni connections between politicians, as well as common seat locations on the chamber floor, are consistent predictors of voting behavior. For...
Persistent link: https://www.econbiz.de/10013137309
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What Does the Corporate Income Tax Tax? A Simple Model Without Capital
Kotlikoff, Laurence J. - 2010
incorporated firms to hire capital.This paper makes this point with a simple, capital-less model featuring entrepreneurs, with … entrepreneurs to diversify their assets. In discouraging incorporation, the corporate tax taxes business risk-sharing, keeping more … entrepreneurs private and, thus, exposed to more risk. The added risk experienced by these entrepreneurs limits their demands for …
Persistent link: https://www.econbiz.de/10013140993
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Under-Savers Anonymous : Evidence on Self-Help Groups and Peer Pressure as a Savings Commitment Device
Kast, Felipe - 2012
We test the effectiveness of self-help peer groups as a commitment device for precautionary savings, through two randomized field experiments among 2,687 microentrepreneurs in Chile. The first experiment finds that self-help peer groups are a powerful tool to increase savings (the number of...
Persistent link: https://www.econbiz.de/10013099420
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The Impact of Tax Incentives on the Economic Activity of Entrepreneurs
Harju, Jarkko - 2012
Based on existing evidence, we know little about how the taxation of small business owners affects their economic activity. This paper studies the effect of two Finnish tax reforms, in 1997 and 1998, on the effort decisions of the owners of small businesses utilizing both theoretical model and...
Persistent link: https://www.econbiz.de/10013099817
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R-Squared and the Economy
Morck, Randall - 2013
Many seemingly discordant results are reconciled if firm-specific return volatility is characterized as the intensity with which firm-specific events occur. A functionally efficient stock market allocates capital to its highest value uses, which often amounts to financing Schumpeterian creative...
Persistent link: https://www.econbiz.de/10013082425