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Emerging market tycoons -- The self-made man -- Globalization and wealth in emerging markets -- Inequality, growth and …
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A large body research shows a positive relationship between wealth and entrepreneurship and interprets the relationship … entrepreneurship and a different measure of wealth – net housing equity – for the two groups. Second, we examine the liquidity … job loss and those who do not reveals generally increasing entry rates through the wealth distribution for both groups …
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drastically after this point. They also apply a new instrument, changes in house prices, for wealth in the entry equation, and … show that instrumented wealth is not a significant determinant of entry. We reinterpret these findings: first, we … housing equity increases the mean probability of entrepreneurship by roughly 20 percent and that the effect is not …
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This study examines whether personal net worth affects new venture creation and performance. Prior research on wealth … covariates and the endogenous accumulation of wealth, we find strong evidence of higher dropout rates among low-wealth and … moderately wealthy nascent entrepreneurs. However, wealth appears to have no effect on venture creation for those managing to …
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