Showing 1 - 10 of 41,106
Recently, there has been growing recognition that some formal employees receive from their formal employers two wages, namely an official declared wage plus an additional undeclared (envelope) wage, which reduces the tax and social contributions paid to the authorities. The aim of this paper is...
Persistent link: https://www.econbiz.de/10011781328
The notion of plan coordination enjoys a central place in the analysis of institutions and competitive market processes. The conventional wisdom is that institutions and policies vary in the extent to which they promote competition and how quickly and completely they bring individuals’ plans...
Persistent link: https://www.econbiz.de/10010636226
) institutional obstacles to entrepreneurship have different impact in rich countries compared to poor countries; (b) institutional … obstacles have a stronger impact on 'opportunity entrepreneurship' than on 'necessity entrepreneurship'; (c) two institutional … indicators - property right protection and access to finance - appear to have a dominant impact on entrepreneurship; (d …
Persistent link: https://www.econbiz.de/10008488964
, transaction and institution characteristics in the determination of opportunity entrepreneurship, at the medium-term. A series of … expected, the conclusions confirm that the cultural traits both positively and negatively affect opportunity entrepreneurship … institutions is conducive to opportunity entrepreneurship. Performing a sensitivity analysis, we construct a hypothetical, more …
Persistent link: https://www.econbiz.de/10010506574
Finding an efficient method for sampling micro- and small-enterprises (MSEs) for research and statistical reporting purposes is a challenge in developing countries, where registries of MSEs are often nonexistent or outdated. This lack of a sampling frame creates an obstacle in finding a...
Persistent link: https://www.econbiz.de/10010574945
, through its wide range of innovatively distributed products, can be a key factor to foster entrepreneurship. …
Persistent link: https://www.econbiz.de/10011540250
In this paper we theoretically and empirically examine how the interaction between the formal court system and the informal loan network affects a household's decision to start a business. We find that when the formal court system is weak, expansion of informal credit network leads to the...
Persistent link: https://www.econbiz.de/10011603720
municipalities with high pre-reform constraints to formal entrepreneurship. These results explain why Bruhn (2008, 2011) finds no …
Persistent link: https://www.econbiz.de/10010679299
In this paper we theoretically and empirically examine how the interaction between the formal court system and the informal loan network affects a household's decision to start a business. We find that when the formal court system is weak, expansion of informal credit network leads to the...
Persistent link: https://www.econbiz.de/10011429969
This paper extends Evans and Jovanovic (1989)'s entrepreneurship model to incorporate the informal sector. Specifically …
Persistent link: https://www.econbiz.de/10011865619