entrepreneurs, controlling for the density of firms in their current location. Conditional on becoming entrepreneurs, the same … individuals are also more likely to be successful entrepreneurs, as measured by business income or firm productivity. Strikingly … interpretation, we find that entrepreneurs who at the age of 18 lived in areas with a higher firm density tend to adopt better …

redistributive taxation. In equilibrium, agents become entrepreneurs if their skill is sufficiently high or risk aversion … sufficiently low. Under heavier taxation, entrepreneurs are more skilled and less risk-averse, on average. Through these selection …

The non-pecuniary benefits of managing a small business are a first order consideration for many nascent entrepreneurs …, generating wealth effects independent of financing constraints, (2) non-pecuniary entrepreneurs select into small scale firms, (3 …

Among typical entrepreneurs, is the serial entrepreneur more likely to succeed? If so, why? We answer these two …

/informal sector. These new establishments were concentrated in industries where women entrepreneurs have been traditionally active and … heightened entrepreneurship is due to channels like greater finance access or heightened inspiration for women entrepreneurs …