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Business Survival and Success of Young Small Business Owners
Praag, C. Mirjam van - Tinbergen Instituut - 2003
Little empirical evidence provides insight in person-oriented drivers of business survival and success of small … business owners. In this paper I perform a duration analysis of business survival amongst young white (selfemployed) small … survival are derived from recent empirical evidence in related studies. The potential drivers of success are also derived from …
Persistent link: https://www.econbiz.de/10011256160
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Business Survival and Success of Young Small Business Owners
Praag, C. Mirjam van - Tinbergen Institute - 2003
Little empirical evidence provides insight in person-oriented drivers of business survival and success of small … business owners. In this paper I perform a duration analysis of business survival amongst young white (selfemployed) small … survival are derived from recent empirical evidence in related studies. The potential drivers of success are also derived from …
Persistent link: https://www.econbiz.de/10005137174
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The Multi-State Latent Factor Intensity Model for Credit Rating Transitions
Koopman, Siem Jan; Lucas, André; Monteiro, André - Tinbergen Instituut - 2005
A new empirical reduced-form model for credit rating transitions is introduced. It is a parametric intensity-based duration model with multiple states and driven by exogenous covariates and latent dynamic factors. The model has a generalized semi-Markov structure designed to accommodate many of...
Persistent link: https://www.econbiz.de/10011255831
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Instrumental Variable Estimation for Duration Data
Bijwaard, Govert E. - Tinbergen Institute - 2008
In this article we develop an Instrumental Variable estimation procedure that corrects for possible endogeneity of a variable in a duration model. We assume a Generalized Accelerated Failure Time (GAFT) model. This model is based on transforming the durations and assuming a distribution for...
Persistent link: https://www.econbiz.de/10005209508
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The Multi-State Latent Factor Intensity Model for Credit Rating Transitions
Koopman, Siem Jan; Lucas, André; Monteiro, André - Tinbergen Institute - 2005
A new empirical reduced-form model for credit rating transitions is introduced. It is a parametric intensity-based duration model with multiple states and driven by exogenous covariates and latent dynamic factors. The model has a generalized semi-Markov structure designed to accommodate many of...
Persistent link: https://www.econbiz.de/10005137142
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Instrumental Variable Estimation for Duration Data
Bijwaard, Govert E. - Tinbergen Instituut - 2008
In this article we develop an Instrumental Variable estimation procedure that corrects for possible endogeneity of a variable in a duration model. We assume a Generalized Accelerated Failure Time (GAFT) model. This model is based on transforming the durations and assuming a distribution for...
Persistent link: https://www.econbiz.de/10011256674
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Education and Health: The Role of Cognitive Ability
Bijwaard, Govert; Kippersluis, Hans van; Veenman, Justus - Tinbergen Instituut - 2013
years gain in life expectancy, on average. Decomposition results suggest that the raw survival differences between …
Persistent link: https://www.econbiz.de/10011257088
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Entrepreneurship Selection and Performance
Sluis, Justin van der; Praag, Mirjam van; Vijverberg, Wim - Tinbergen Institute - 2003
This meta-analytical review of empirical studies of the impact of schooling on entrepreneurship selection and performance in developing economies looks at variations in impact across specific characteristics of the studies. A marginal year of schooling in developing economies raises enterprise...
Persistent link: https://www.econbiz.de/10005144501
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Returns for Entrepreneurs versus Employees: The Effect of Education and Personal Control on the Relative Performance of Entrepreneurs vis-à-vis Wage Employees
Praag, Mirjam van; Witteloostuijn, Arjen van; Sluis, … - Tinbergen Institute - 2009
How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that...
Persistent link: https://www.econbiz.de/10008513241
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Schooling, Capital Constraints and Entrepreneurial Performance
Parker, Simon; Praag, Mirjam van - Tinbergen Institute - 2004
We estimate the impact of schooling and capital constraints at the time of startup on the performance of Dutch entrepreneurial ventures, taking into account the potential endogeneity and interdependence of these variables. Instrumental variable estimates indicate that a 1 percentage point...
Persistent link: https://www.econbiz.de/10005137017