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This paper addresses three simple questions: how should the contribution of HGFs to job creation be measured? how much does this contribution vary across countries? to what extent does the cross-country variation depend on variation in the proportion of HGFs in the business population? The first...
Persistent link: https://www.econbiz.de/10012654435
Young firms are known to grow at a faster rate than incumbents. With administrative firm data from Germany, we show that the higher growth rates indeed translate into upward mobility within the firm size distribution. Young firms are therefore not only able to catch up, but also to grow larger...
Persistent link: https://www.econbiz.de/10011779787
performance are more likely driven by differences in risk aversion or preferences for entrepreneurship rather than by skill. …
Persistent link: https://www.econbiz.de/10011993802
context along a continuum of where entrepreneurship takes place and when this happens. Where context has been studied in … embeddedness of women entrepreneurs or the institutional environment for women's entrepreneurship. We contribute to the literature … institutional contexts for women's entrepreneurship and their intersections, as informed by entrepreneurship, gender and geography …
Persistent link: https://www.econbiz.de/10010335864
between initial wealth and entrepreneurship. However, in a recent paper Hurst and Lusardi (2004) use higher order of … wealth and transition into entrepreneurship is positive but diminishing for the major part of the wealth distribution …. Moreover, the relationship between wealth and entrepreneurship gets stronger as the models get less restricted with respect to …
Persistent link: https://www.econbiz.de/10010321582
the generous support policies enacted during the 2020 COVID-19 crisis. Policies implemented in 2020, on their own, do not …
Persistent link: https://www.econbiz.de/10012653494
While the volatility of job creations has been studied extensively, the survival chances of new jobs are less researched. The question when and how to expand a firm is of importance, both from the firm’s and from a macro perspective. Adjustment cost theories and arguments about option values...
Persistent link: https://www.econbiz.de/10010294519
We characterize the dispersion of firm-level productivity and demand shocks over the business cycle using Swedish microdata including prices and analyse the consequences for firms and the aggregate economy. Demand dispersion increases by more than productivity dispersion in recessions....
Persistent link: https://www.econbiz.de/10014540949
This paper links employment dynamics to the business cycle in order to examine the voluntary nature of self-employment in Argentina. Our results suggest that the transition to self-employment is more common during recessions and that the likelihood of becoming self-employed increases with the...
Persistent link: https://www.econbiz.de/10010292294
market by the 2007 subprime mortgage crisis, we document how provinces with a high organized crime presence have been … impacted less by the crisis in terms of the establishment of new enterprises than provinces with a lower criminal infiltration …. We provide evidence that the lower impact of the crisis is consistent with the presence of investments by organized crime …
Persistent link: https://www.econbiz.de/10012143540