Immigrants account for about a quarter of US invention and entrepreneurship despite a policy environment that is not … reforms that would likely increase the rate of innovation and the number of startups due to immigrants in the country. Key …

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 …

We examine the relationship between house prices and entrepreneurship using micro data from the US Census Bureau …. Increases in house prices are often thought to drive entrepreneurship through unlocking the collateral channel for bank loans … effects (i.e., that people with more valuable homes are more likely to enter entrepreneurship for reasons other than access to …