entrepreneurship to farming. The education effect that separates workers into self-employment and wage employment is stronger for women …

Human capital obtained through education has been shown to be one of the strongest drivers of entrepreneurship …. The value of other input factors, such as (knowledge) capital and labor is likely to be affected by the education level of … the possible stakeholders in the entrepreneur’s venture. The education distribution of the (local) population may thus …

apply to two jobs, there is a unique symmetric equilibrium where workers mix between sending both applications to the high … to both sectors. For many configurations, the equilibrium outcomes are the same under directed and random search so our …

We apply theories of capital market failure to ana1yzeoptima1 financing of risky higher education. In the market … solution,students can only finance their education through debt. There isunderinvestment in human capita1, because some … equityfinancing of education coupled to provision of some income insuranceis the optimal way to finance education when private markets …

This paper characterizes the equilibrium for a large class of search models with two-sided heterogeneity and on …

capital as measured by previous business experience and formal education. In this paper, we explore whether illegal …