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Theory predicts that mandated employment protections may reduce productivity by distortingproduction choices. Firms facing (non-Coasean) worker dismissal costs will curtail hiringbelow efficient levels and retain unproductive workers, both of which should affectproductivity. These theoretical...
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entrepreneurship does not appear linked to changes in reporting, better access to government contracts and business, or improved …
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During 1992-2007, house price growth is strongly correlated with local entrepreneurship. We show with Census Bureau …-lived. Using a 1998 Texas reform that allowed home equity lending for the rst time in the state, we isolate that entrepreneurship …
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