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We incorporate a general model of frictions into the bunching-based elasticity estimator. This model relies on fewer parameters than the conventional approach, replacing bunching window bounds with a single "lumpiness parameter," while matching rich observed bunching patterns such as...
Persistent link: https://www.econbiz.de/10014576626
between initial wealth and entrepreneurship. However, in a recent paper Hurst and Lusardi (2004) use higher order of … wealth and transition into entrepreneurship is positive but diminishing for the major part of the wealth distribution …. Moreover, the relationship between wealth and entrepreneurship gets stronger as the models get less restricted with respect to …
Persistent link: https://www.econbiz.de/10010321582
A large literature has studied the effect of displacement on labor market outcomes in general, but none has evaluated how the displaced manage as self-employed. This paper studies how the survival of the business is affected by displacement in connection to entry, using a discrete-time...
Persistent link: https://www.econbiz.de/10003752151
Ethnic and immigration status may play a role in entrepreneurship and innovation, yet the impact of university … entrepreneurship education on this relationship is under-explored. This paper examines the persistence and differences in … entrepreneurship of Stanford Alumni by ethnicity and nationality. We find that among Stanford alumni, Asian Americans have a higher …
Persistent link: https://www.econbiz.de/10012960428
Persistent link: https://www.econbiz.de/10011698493
Entrepreneurship, Growth and Innovation provides comprehensive insight into the economics of entrepreneurship, claiming … determinants and the effects of both entrepreneurship and innovation without neglecting the functioning of the inducement … some of the best known scholars in the field of the economics of entrepreneurship and innovation investigate whether the …
Persistent link: https://www.econbiz.de/10003161314
Persistent link: https://www.econbiz.de/10014535997
integrates the understanding of the determinants and the effects of entrepreneurship and innovation without neglecting the …Discussing the economics of entrepreneurship, this book views that it should establish a framework of analysis that …
Persistent link: https://www.econbiz.de/10013520439
risks shape the equilibrium entrepreneurship in an occupational choice model. Differential social insurance of … entrepreneurial and labor risk is found to be statistically significant and detrimental to entrepreneurship. The crowding-out effect … of public production of private goods on entrepreneurship dominates the crowding-in effect of public production of public …
Persistent link: https://www.econbiz.de/10011537009