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A recent literature has emerged providing compelling evidence that a major shift in the organization of the developed economies has been taking place: away from what has been characterized as the managed economy towards the entrepreneurial economy. In particular, the empirical evidence provides...
Persistent link: https://www.econbiz.de/10010326000
This paper explores the relationship between self-employment, partner's employment, the household and children on a mother's and father's probability to choose self-employment. Few studies are available on this topic and their analysis is mainly limited to the female role in the North American...
Persistent link: https://www.econbiz.de/10010268125
We study the effects of liquidity constraints and start-up costs on the relationship between wealth and the fraction of entrepreneurs in an economy. We develop a dynamic occupational choice model with endogenous wealth and entry into entrepreneurship. The model predicts that, with liquidity...
Persistent link: https://www.econbiz.de/10010268364
This paper estimates an unobserved components model to explore the macro dynamics of entrepreneurship in Spain and the US. We ask whether entrepreneurship exhibits hysteresis, defined as a macro dynamic structure in which cyclical fluctuations have persistent effects on the natural rate of...
Persistent link: https://www.econbiz.de/10010276150
This paper considers a simple model of self-fulfilling expectations that leads to a multiple equilibrium of gender gaps in wages and participation rates. Rather than resorting to moral hazard problems related to unobservable effort, like in most of the related literature, our model fully relies...
Persistent link: https://www.econbiz.de/10010276397
This paper investigates the relation between changes in self-employment and changes in unemployment at the regional level in Spain in the period 1979-2001. We estimate a vec-tor autoregression model as proposed by Audretsch, Carree, van Stel and Thurik (2005) using a data base for Spanish...
Persistent link: https://www.econbiz.de/10010276972
The paper analyzes why households in transition economies prefer to hold sizeable shares of their assets in cash at home rather than in banks. Using survey data from ten Central, Eastern and Southeastern European countries, I document the relevance of this behavior and show that cash preferences...
Persistent link: https://www.econbiz.de/10013370095
Tackling the crisis, readjusting the economic model: Rising energy prices, historically high inflation rates and ongoing supply chain bottlenecks are challenging Germany's long-standing industrial base. On top of that, entrepreneurs and the state alike are faced with new geopolitical tensions...
Persistent link: https://www.econbiz.de/10014001273
einer nachhaltigen Wirtschaftsordnung diskutiert. Der Sammelband präsentiert das hieraus entstandene Zukunftsmodell für eine … nachhaltige Wirtschaftsordnung und beschreibt die zentralen Akteure mit ihren Aufgaben sowie Wechselbeziehungen. In den Beiträgen …
Persistent link: https://www.econbiz.de/10014321716
Persistent link: https://www.econbiz.de/10014492477