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Firm Formation with Complementarities: The Role of the Entrepreneur
Roessler, Christian; Koellinger, Philipp - 2009
We model entrepreneurship and the emergence of firms as a result of simultaneous bidding for labor services among heterogeneousagents. Unique to our approach is that occupational choices, jobmatching and organizational forms are determined simultaneously, sothat the opportunity costs of...
Persistent link: https://www.econbiz.de/10010325707
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Entrepreneurship, Wage Employment and Control in an Occupational Choice Framework
Douhan, Robin; van Praag, Mirjam - 2009
We combine two empirical observations in a general equilibrium occupational choice model. The first is that entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second observation is that entrepreneurs enjoy higher returns to...
Persistent link: https://www.econbiz.de/10010325787
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If you are so smart, why aren't you an Entrepreneur?
Hartog, Joop; van Praag, Mirjam; van der Sluis, Justin - 2008
questions: (1) To what extent does a composite measure of ability affect an entrepreneur's earnings relative to employees? (2 …) Do different cognitive abilities (e.g. math ability, language ability) and social ability affect earnings of … entrepreneurs and employees differently?, and (3) Does the balance in these measured ability levels affect an individual's earnings …
Persistent link: https://www.econbiz.de/10010325829
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Signaling and Screening of Workers' Motivation
Delfgaauw, Josse; Dur, Robert A.J. - 2002
This paper develops a model in which workers are heterogeneous in their intrinsic motivation to work at a firm. We characterise optimal incentive schemes and examine how the firm can attract and select highly motivated workers to fill a vacancy when workers’ motivation is private information....
Persistent link: https://www.econbiz.de/10010324756
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Organised Labour, Labour Market Imperfections, and Employer Wage Premia
Dobbelaere, Sabien; Hirsch, Boris; Müller, Steffen; … - 2020
This paper examines how collective bargaining through unions and workplace co-determination through works councils shape labour market imperfections and how labour market imperfections matter for employer wage premia. Based on representative German plant data for the years 1999-2016, we document...
Persistent link: https://www.econbiz.de/10012427181
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The Impact of Entrepreneurship Education on Entrepreneurship Competencies and Intentions
Oosterbeek, Hessel; van Praag, Mirjam; IJsselstein, Auke - 2008
This paper analyzes the impact of a leading entrepreneurship education program on college students’ entrepreneurship competencies and intentions using an instrumental variables approach in a difference-in-differences framework. We exploit that the program was offered to students at one...
Persistent link: https://www.econbiz.de/10010325703
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Illegal Entrepreneurship Experience
Aidis, Ruta; van Praag, Mirjam - 2004
Existing studies show a positive relationship between entrepreneurs' business performance and their conventional human capital as measured by previous business experience and formal education. In this paper, we explore whether illegal entrepreneurship experience (IEE), an unconventional form of...
Persistent link: https://www.econbiz.de/10010325145
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Risk Sharing in Labour Markets
Bigsten, Arne; Collier, Paul; Dercon, Stefan; … - 2003
Empirical work in labour economics has focused on rent sharing as an explanation for the observed correlation in cross-sections between wages and profitability. The alternative explanation of risk sharing between workers and employers has not been tested. Using a unique panel data set for four...
Persistent link: https://www.econbiz.de/10010325075
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Using Genes to Explore the Effects of Cognitive and Non-cognitive Skills on Education and Labor Market Outcomes
Buser, Thomas; Ahlskog, Rafael; Johannesson, Magnus; … - 2023
A large literature establishes that cognitive and non-cognitive skills are strongly correlated with educational attainment and professional achievement. Isolating the causal effects of these traits on career outcomes is made difficult by reverse causality and selection issues. We suggest a...
Persistent link: https://www.econbiz.de/10014000358
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Education and Entrepreneurial Choice: An Instrumental Variables Analysis
Block, Joern H.; Hoogerheide, Lennart; Thurik, Roy - 2009
Education is argued to be an important driver of the decision to start a business. The measurement of its influence, however, is difficult since it is considered to be an endogenous variable. This study accounts for this endogeneity by using an instrumental variables approachand a data set of...
Persistent link: https://www.econbiz.de/10010325694