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Serial Entrepreneurship : Learning by Doing?
Lafontaine, Francine - 2014
in operation. The data show that serial entrepreneurship is relatively uncommon in retail trade. Of the almost 2 …
Persistent link: https://www.econbiz.de/10013050291
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Economic Impacts of Unionization on Private Sector Employers : 1984-2001
DiNardo, John E.; Lee, David - 2021
Economic impacts of unionization on employers are difficult to estimate in the absence of large, representative data on establishments with union status information. Estimates are also confounded by selection bias, because unions could organize at highly profitable enterprises that are more...
Persistent link: https://www.econbiz.de/10013223179
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Management Ownership and Corporate Performance : an Empirical Analysis
Morck, Randall; Shleifer, Andrei; Vishny, Robert W. - 2021
We investigate the relation between management ownership and corporate performance, as measured by Tobin's Q. In a cross-section of Fortune 500 firms, Tobin's Q first increases and then declines as board of directors holdings rise. For older firms there is weak evidence that Q is lower when a...
Persistent link: https://www.econbiz.de/10013247279
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Institutions, Capital Constraints and Entrepreneurial Firm Dynamics : Evidence from Europe
Desai, Mihir A. - 2014
We explore the impact of the institutional environment on the nature of entrepreneurial activity across Europe. Political, legal, and regulatory variables that have been shown to impact capital market development influence entrepreneurial activity in the emerging markets of Europe, but not in...
Persistent link: https://www.econbiz.de/10012752694
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The State of American Entrepreneurship : New Estimates of the Quality and Quantity of Entrepreneurship for 32 Us States, 1988-2014
Guzman, Jorge - 2016
Assessing the state of American entrepreneurship requires not simply counting the quantity but also the initial quality … cycles as a driver of high-growth entrepreneurship, our results highlight the role of economic and institutional conditions …
Persistent link: https://www.econbiz.de/10012996381
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Nowcasting and Placecasting Entrepreneurial Quality and Performance
Guzman, Jorge - 2015
A central challenge in the measurement of entrepreneurship is accounting for the wide variation in entrepreneurial … quality distribution. Second, we propose two new economic statistics for the measurement of entrepreneurship: the … Entrepreneurship Quality Index (EQI) and the Regional Entrepreneurship Cohort Potential Index (RECPI). We use these indices to offer a …
Persistent link: https://www.econbiz.de/10013028060
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Marketplace Institutions Related to the Timing of Transactions
Roth, Alvin E. - 2010
This note describes the unraveling of transaction dates in several markets, including the labor markets for new lawyers hired by large law firms and for gastroenterology fellows, and the market for post-season college football bowls. Together these will illustrate that unraveling can occur in...
Persistent link: https://www.econbiz.de/10013135760
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International Trade and Institutional Change
Levchenko, Andrei A. - 2011
This paper analyzes the impact of international trade on the quality of institutions, such as contract enforcement, property rights, or investor protection. It presents a model in which imperfect institutions create rents for some parties within the economy, and are a source of comparative...
Persistent link: https://www.econbiz.de/10013117386
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Institutional Comparative Statics
Robinson, James A. - 2011
Why was the Black Death followed by the decline of serfdom in Western Europe but its' intensification in Eastern Europe? What explains why involvement in Atlantic trade in the Early Modern period was positively correlated with economic growth in Britain but negatively correlated in Spain? Why...
Persistent link: https://www.econbiz.de/10013124230
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Reshaping Institutions : Evidence on Aid Impacts Using a Pre-Analysis Plan
Casey, Katherine P. - 2011
Although institutions are believed to be key determinants of economic performance, there is limited evidence on how they can be successfully reformed. Evaluating the effects of specific reforms is complicated by the lack of exogenous variation in the presence of institutions; the difficulty of...
Persistent link: https://www.econbiz.de/10013125582