We study what type of entrepreneurs are affected by financial constraints. Our identification strategy exploits age-based discontinuities in the amount of funding available through a public program for unemployed workers. We find that access to funding increases the rate of entrepreneurship. The...

This study explores success rates in angel financing based on the gender composition of entrepreneurial teams using unique, hand-collected data from the television program Shark Tank. We find that the likelihood of a team receiving an offer from an angel investor is independent of the...

We study what type of entrepreneurs are affected by financial constraints by exploiting age-based discontinuities in the amount of funding available through a public program for unemployed workers. Our sample links administrative data on 2.1 million eligible workers to the firms they create,...