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We document three new facts about entrepreneurship. First, a majority of male entrepreneurs start a firm in the same or …
Persistent link: https://www.econbiz.de/10012453515
entrepreneurship, such as gender, business skills, and social networks. We find that entry regulation moderates the effect of business …, women are more likely to enter into entrepreneurship in countries with higher levels of entry regulation, but mainly because …. Furthermore, individuals who report having business skills are less likely to enter entrepreneurship in countries with higher …
Persistent link: https://www.econbiz.de/10012463139
in income differences and to assessing the economic impact of such policies as schooling subsidies, immigration systems … reexamine the importance of human capital in cross-country income differences and the roles of school quality versus the skill …
Persistent link: https://www.econbiz.de/10013172194
in wage inequality, whereas the CEU has seen only modest changes. This paper studies the role of labor income tax … the model, we empirically document that countries with more progressive labor income tax schedules have (i) significantly …
Persistent link: https://www.econbiz.de/10012463123
cross-country income variance can be attributed to differences in (physical and human) capital, and how much to differences … time series. The current consensus is that efficiency is at least as important as capital in explaining income differences …
Persistent link: https://www.econbiz.de/10012467861
This paper examines how government funding programs geared towards early-stage companies interact with private capital markets. Using hand-collected data on 755 government programs worldwide, we find that governments' allocations to such funding programs have been comparable to global venture...
Persistent link: https://www.econbiz.de/10012510623
How does financial integration impact capital accumulation, current-account dynamics, and cross-country inequality? We investigate this question within a two-country, general-equilibrium, incomplete-markets model that focuses on the importance of idiosyncratic entrepreneurial risk-- a risk that...
Persistent link: https://www.econbiz.de/10012461896
Entrepreneurship has been traditionally concentrated in the hands of a few small communities in most developing …
Persistent link: https://www.econbiz.de/10012465589
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 do not possess the advantages of youth, but more significant is that …
Persistent link: https://www.econbiz.de/10012458161
We study the effects of ability and liquidity constraints on entrepreneurship. We develop a three sector Roy model that … on entry into entrepreneurship. The model predicts--and the data confirm--that entrepreneurs are positively selected on … positively selected on collateral, but other self-employed are not; and entrepreneurship is procyclical, but self-employment is …
Persistent link: https://www.econbiz.de/10012481000