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Expectations, uncertainty and institutions : an application to the analysis of social security reforms

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Risk-sharing and entrepreneurship

Kilström, Matilda; Roth, Paula - 2022

In this paper, we study the role of risk-sharing in entrepreneurship-driven innovation. Studying entrepreneurship and innovation entails modeling an occupational choice and an effort choice. Risk-sharing may increase the number of individuals who become entrepreneurs by limiting the downside...

Persistent link: https://www.econbiz.de/10013161870