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In this paper we investigate the link between entrepreneurship and financial constraints. We develop a dynamic partial …
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entrepreneurs in an economy. We develop a dynamic occupational choice model with endogenous wealth and entry into entrepreneurship …. The model predicts that, with liquidity constraints, the probability of entering entrepreneurship is an increasing … wealth profile for the fraction of workers in entrepreneurship, start-up costs weaken this relationship by depressing the …
Persistent link: https://www.econbiz.de/10003609770
entrepreneurs in an economy. We develop a dynamic occupational choice model with endogenous wealth and entry into entrepreneurship …. The model predicts that, with liquidity constraints, the probability of entering entrepreneurship is an increasing … with wealth profile for the fraction of workers in entrepreneurship, start-up costs weaken this relationship by depressing …
Persistent link: https://www.econbiz.de/10012773454
entrepreneurs in an economy. We develop a dynamic occupational choice model with endogenous wealth and entry into entrepreneurship …. The model predicts that, with liquidity constraints, the probability of entering entrepreneurship is an increasing … wealth profile for the fraction of workers in entrepreneurship, start-up costs weaken this relationship by depressing the …
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