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media. However, they differ essentially in how they manage their self-employment in the sense of doing entrepreneurship. The …
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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 …
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