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Insurance, Entrepreneurial Start-Up, and Performance
Ejrnæs, Mette; Hochguertel, Stefan - Tinbergen Instituut - 2014
Availability of (partial) insurance mechanisms is arguably important for the decision of (riskaverse) workers to start up a risky entrepreneurial venture. Using administrative data from Denmark, where unemployment insurance (UI) is available to both wage earners and self-employed on a voluntary...
Persistent link: https://www.econbiz.de/10011255609
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Entrepreneurial Moral Hazard in Income Insurance
Ejrnaes, Mette; Hochguertel, Stefan - Tinbergen Instituut - 2008
We study entrepreneurs’ behavioral responses of effort (moral hazard) to avoid business failure.This is done in the context of an unemployment insurance scheme for self-employed, wherewe estimate how much of the transition probability to unemployment can be causally attributedto being insured....
Persistent link: https://www.econbiz.de/10011256235
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Entrepreneurship and Role Models
Bosma, Niels; Hessels, Jolanda; Schutjens, Veronique; … - Tinbergen Institute - 2011
In the media role models are increasingly being acknowledged as an influential factor in explaining the reasons for the choice of occupation and career. Various conceptual studies have proposed links between role models and entrepreneurial intentions. However, empirical research aimed at...
Persistent link: https://www.econbiz.de/10008921780
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Entrepreneurship and Role Models
Bosma, Niels; Hessels, Jolanda; Schutjens, Veronique; … - Tinbergen Instituut - 2011
This discussion paper led to the publication in the <I>Journal of Economic Psychology</I> 2012, 33(2), 410-424.<P> In the media role models are increasingly being acknowledged as an influential factor in explaining the reasons for the choice of occupation and career. Various conceptual studies have...</p></i>
Persistent link: https://www.econbiz.de/10011256337
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Investor Protection and Entry
Perotti, Enrico; Volpin, Paolo - Tinbergen Institute - 2007
Entry requires external finance, especially for less wealthy entrepreneurs, so poor investor protection limits competition. We model how incumbents lobby harder to block access to finance to entrants when politicians are less accountable to voters. In a broad cross-section of countries and...
Persistent link: https://www.econbiz.de/10005136893
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Bank Ownership and Financial Stability
Perotti, Enrico; Vorage, Marcel - Tinbergen Institute - 2010
We study a politician's choice for state or private control of banks. The choice trades of lobbying contributions …
Persistent link: https://www.econbiz.de/10008838581
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Bank Ownership and Financial Stability
Perotti, Enrico; Vorage, Marcel - Tinbergen Instituut - 2010
We study a politician's choice for state or private control of banks. The choice trades of lobbying contributions … maximize their rents. As state banks are less efficient, at higher level of accountability there is a shift to private control …. At the transition point there is a jumpin risk taking, as private banks do not internalize the social costs of bank …
Persistent link: https://www.econbiz.de/10011256743
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Investor Protection and Entry
Perotti, Enrico; Volpin, Paolo - Tinbergen Instituut - 2007
Entry requires external finance, especially for less wealthy entrepreneurs, so poor investor protection limits competition. We model how incumbents lobby harder to block access to finance to entrants when politicians are less accountable to voters. In a broad cross-section of countries and...
Persistent link: https://www.econbiz.de/10011256887