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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 employer-employee data provides a unique perspective on new business creation by combining …
Persistent link: https://www.econbiz.de/10013013516
Entrepreneurship requires energy and creativity as well as business acumen. Some factors that contribute to entrepreneurship may decline with age, but business skills increase with experience in high level positions. Having too many older workers in society slows entrepreneurship. Older workers...
Persistent link: https://www.econbiz.de/10013047037
–2009, we find that: (1) local-level employer concentration exhibits substantial cross-sectional and time-series variation and … increases over time; (2) consistent with labor market monopsony power, there is a negative relation between local-level employer …
Persistent link: https://www.econbiz.de/10012917680
We analyze a large-scale survey of owners, managers, and employees of small businesses in the United States to …
Persistent link: https://www.econbiz.de/10012830234
Our paper demonstrates that while failure tolerance by investors may encourage potential entrepreneurs to innovate, financiers with investment strategies that tolerate early failure endogenously choose to fund less radical innovations. Failure tolerance as an equilibrium price that increases in...
Persistent link: https://www.econbiz.de/10013035138
Firms in the same industry can differ in measured productivity by multiples of 3. Griliches (1957) suggests one explanation: the quality of inputs differs across firms. We add labor market history variables such as experience and firm and industry tenure, as well as general human capital...
Persistent link: https://www.econbiz.de/10013128897
We use longitudinal data from the 1984 through 2007 waves of the Panel Study of Income Dynamics to examine how occupational status is related to the health transitions of 30 to 59 year-old U.S. males. A recent history of blue-collar employment predicts a substantial increase in the probability...
Persistent link: https://www.econbiz.de/10013129211
This paper uses data from the Health and Retirement Study to explore the mechanism that underlies the robust relation found in the literature between cognitive ability, and in particular numeracy, and wealth, income constant. We have a number of findings. First, the more valuable the pension,...
Persistent link: https://www.econbiz.de/10013136556
retirement benefit to their employees. While these plans are thought to be an important tool for employers to attract, retain …
Persistent link: https://www.econbiz.de/10013137301
Neglected, but significant, the long-run consequence of the minimum wage - which was made national policy in the United States in 1938 - is its stimulation of capital deepening. This took two forms. First, the engineered shortage of low-skill, low-paying jobs induced teenagers to invest in...
Persistent link: https://www.econbiz.de/10013138315