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increases the rate of entrepreneurship. The effect is stronger for entrepreneurs who incorporate their business, especially for …We study what type of entrepreneurs are affected by financial constraints. Our identification strategy exploits age … effect is more pronounced for entrepreneurs in the top quintile of the firm size distribution across all businesses and in …
Persistent link: https://www.econbiz.de/10012840893
to funding increases the rate of entrepreneurship and that the effect is stronger for entrepreneurs who incorporate their …We study what type of entrepreneurs are affected by financial constraints by exploiting age-based discontinuities in … entrepreneurs, the effect is strongest in the information and communication sector, followed by manufacturing. In terms of ex …
Persistent link: https://www.econbiz.de/10013492243
This paper extends Evans and Jovanovic (1989)'s entrepreneurship model to incorporate the informal sector. Specifically …, entrepreneurs can operate either in the formal sector - in which they have limited access to credit markets and must pay taxes - or … induces entrepreneurs to switch to the formal sector, where the technology is superior. Most of this effect comes from …
Persistent link: https://www.econbiz.de/10011865619
Persistent link: https://www.econbiz.de/10010241541
This study analyzes the effect of financial constraints (FCs) on firm dynamics. We measure FCs with an official credit rating, which captures availability and cost of external resources. We find that FCs undermine average firm growth, induce anti-correlation in growth patterns and reduce the...
Persistent link: https://www.econbiz.de/10013313621
We extend Becker's model of discrimination by allowing firms to have discriminatory and favoring preferences simultaneously. We draw the two-preference parallel for the marginal firm, illustrate the implications for wage differentials, and consider the implied long-run equilibrium. In the...
Persistent link: https://www.econbiz.de/10012980310
This paper offers a new representation of discrimination on the job market based on the most recent findings in the socio-psychological academic literature about human behavior. Put it simply, it is assumed that the agents prefer working with people like themselves. This affinity principle is...
Persistent link: https://www.econbiz.de/10012728651
We extend Becker's model of discrimination by allowing firms to have discriminatory and favoring preferences simultaneously. We draw the two-preference parallel for the marginal firm, illustrate the implications for wage differentials, and consider the implied long-run equilibrium. In the...
Persistent link: https://www.econbiz.de/10011571907
We extend Becker's model of discrimination by allowing firms to have discriminatory and favoring preferences simultaneously. We draw the two-preference parallel for the marginal firm, illustrate the implications for wage differentials, and consider the implied long-run equilibrium. In the...
Persistent link: https://www.econbiz.de/10012985852
We propose a competitive general equilibrium theory of gender discrimination in labor market where male and female …
Persistent link: https://www.econbiz.de/10013291708