Do entrepreneurs earn supernormal returns, or does competitive pressure ensure that entrepreneurs receive the same utility level as workers? If those who run their own businesses get supernormal returns (or 'rents') they should be happier than those who work as employees. The paper tests this...

The paper studies the factors which shape entrepreneurship among young adults. It finds, using data on a British birth cohort, that the probability of self-employment depends sensitively upon whether the individual ever received a gift or inheritance. Those who were given or inherited £5,000,...

IZA DP No. 3139 What Makes a Young Entrepreneur? David G. Blanchflower Andrew J. Oswald DISCUSSION P APER SERIES Forschungsinstitut zur Zukunft der Arbeit Institute for the Study of Labor November 2007 What Makes a Young Entrepreneur? David G. Blanchflower Dartmouth College, NBER,...

In this speech, Professor David Blanchflower, member of the Monetary Policy Committee, discusses the origins of the most recent influx of migrants to the United Kingdom. He also examines why the East of England has received a disproportionate number of these new workers and why employers choose...

We examine the impact on the UK of the influx of workers from Eastern Europe. We look at the characteristics of the workers who have come to the UK since 2004. We also use data from a number of Eurobarometers 2004-2007 as well as the 2005 Work Orientation module International Social Survey...

In this speech, Professor David Blanchflower, member of the Monetary Policy Committee (MPC), looks at the impact on the UK economy of the recent wave of migration from Eastern Europe, following the accession of ten new countries to the EU. He estimates that on aggregate, the inflow of workers...

In this speech, Professor David Blanchflower, member of the Monetary Policy Committee (MPC), examines the extent to which differing labour market institutions can provide an explanation of variations in unemployment rates across Europe over the past 50 years. He finds little evidence in the data...