between initial household net wealth and the probability of switching to entrepreneurship in Italy and the United States … exposure to financial risk, would positively affect transition into entrepreneurship. Therefore, I fill a gap in the literature … financial sophistication. Last but not least, I simultaneously estimate the probability of switching to entrepreneurship and …

entrepreneurship. We then exploit the cross-household variation in the timing of these transfers and nd that current occupational … a simple occu- pational choice model, we argue that the program has promoted entrepreneurship by enhancing the …

entrepreneurship. We then exploit the cross-household variation in the timing of these transfers and nd that current occupational … a simple occu- pational choice model, we argue that the program has promoted entrepreneurship by enhancing the …

We study the importance of information technology (IT) in banking for entrepreneurship. Guided by a parsimonious model …. We present evidence consistent with banks’ IT adoption spurring entrepreneurship through a collateral channel …: entrepreneurship increases by more in IT-exposed counties when house prices rise. Further analysis suggests that IT improves banks …