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Four decades ago, Nathan Glazer and Daniel Patrick Moynihan made the argument that the black family "was not strong enough to create those extended clans that elsewhere were most helpful for businessmen and professionals." Using data from the confidential and restricted access Characteristics of...
Persistent link: https://www.econbiz.de/10002265135
Using confidential microdata from the Characteristics of Business Owners survey, we examine why African American-owned businesses lag substantially behind white-owned businesses in sales, profits, employment, and survival. Black business owners are much less likely than white owners to have had...
Persistent link: https://www.econbiz.de/10012751256
Four decades ago, Nathan Glazer and Daniel Patrick Moynihan made the argument that the black family was not strong enough to create those extended clans that elsewhere were most helpful for businessmen and professionals. Using data from the confidential and restricted access Characteristics of...
Persistent link: https://www.econbiz.de/10013319060
Social distancing restrictions and health- and economic-driven demand shifts from COVID-19 are expected to shutter many small businesses and entrepreneurial ventures, but there is very little early evidence on impacts. This paper provides the first analysis of impacts of the pandemic on the...
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A common finding in the entrepreneurship literature is that business creation increases in recessions. This counter …-cyclical pattern is examined by separating business creation into two components: "opportunity" and "necessity" entrepreneurship … entrepreneurship, there are many challenges to creating a definition that is both objective and empirically feasible. We propose an …
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Previous estimates indicate that COVID-19 led to a large drop in the number of operating businesses operating early in the pandemic, but surprisingly little is known on whether these shutdowns turned into permanent closures and whether small businesses were disproportionately hit. This paper...
Persistent link: https://www.econbiz.de/10013329545