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We study entrepreneurs’ behavioral responses of effort (moral hazard) to avoid business failure.This is done in the context of an unemployment insurance scheme for self-employed, wherewe estimate how much of the transition probability to unemployment can be causally attributedto being insured....
Persistent link: https://www.econbiz.de/10011376618
the likelihood that he/she starts a business.Implications for entrepreneurship research and practice are discussed. …
Persistent link: https://www.econbiz.de/10011379198
: the entrepreneurship rate and the fraction of small firms fall with per capita income across countries, while average firm …'s potential payoffs in working and in entrepreneurship. If some firms consistently benefit more from technological progress than …
Persistent link: https://www.econbiz.de/10010250019
In recent years, the economics of migration literature has shown a substantial growth in papers exploring host country impacts beyond the labour market. Specifically, researchers have begun to shift their attention from labour market and fiscal changes, towards exploring what we might call "the...
Persistent link: https://www.econbiz.de/10010196029
In recent years, the economics of migration literature has shown a substantial growth in papers exploring host country impacts beyond the labour market. Specifically, researchers have begun to shift their attention from labour market and fiscal changes, towards exploring what we might call "the...
Persistent link: https://www.econbiz.de/10010372494
The knowledge spillover theory of entrepreneurship predicts that entrepreneurial activity is greater in regions with …
Persistent link: https://www.econbiz.de/10013099306
Recent literatures on entrepreneurship and economic growth estimate the empirical relationships between the following …) entrepreneurship and economic growth.This paper revisits each of these relationships using US state-level real GDP per capita, the … Economic Freedom of North America index, and the state-level productive and unproductive entrepreneurship scores provided by …
Persistent link: https://www.econbiz.de/10013093550
function of firm attributes and regional entrepreneurship activity.Findings – The analysis finds support for positive … productivity effects of entrepreneurship on incumbent firms, albeit the effect varies over time, what the authors refer to as a … regional entrepreneurship, as compared to the productivity of manufacturing firms.Originality/value – The paper employs a firm …
Persistent link: https://www.econbiz.de/10012953328
Using state-level data on productive and unproductive entrepreneurship, shadow economy size, and public official … (higher) levels of informal economic activity. Additionally, I aim to connect entrepreneurship, shadow economy size, and …
Persistent link: https://www.econbiz.de/10013035948
We study a regional economy with a large number of entrepreneurs who own firms and who want to go public. Specifically, our analysis focuses on the contractual interaction between a representative risk averse entrepreneur who owns a firm and a risk neutral monopolistic investment bank that...
Persistent link: https://www.econbiz.de/10014196319