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This paper studies interactions between access to finance, product innovation, and labor supply in a two-period overlapping generations model with an endogenous skill distribution and credit market frictions. In the model lack of access to finance (induced by high monitoring costs) has an...
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The performance of economies depends upon entrepreneurship. Entrepreneurs identify new opportunities, implement new … entrepreneurs for self financing of new ventures and for signaling venture quality. Quadrini shows that entrepreneurs experience … characteristics of entrepreneurs and the importance of entrepreneurial activity in the economy in the generation of new products …
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-The Takeaway Issues -- Part II: Finance for Entrepreneurs -- Chapter 8: Financial Literacy forBusiness -- Chapter 9: The Business …
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We study what type of entrepreneurs are affected by financial constraints. Our identification strategy exploits age … increases the rate of entrepreneurship. The effect is stronger for entrepreneurs who incorporate their business, especially for … effect is more pronounced for entrepreneurs in the top quintile of the firm size distribution across all businesses and in …
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