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The aim of this paper is to investigate whether return migrants are more likely to become entrepreneurs than non-migrants. We develop a theoretical search model that puts forward the trade off faced by returnees since overseas migration provides an opportunity for human and physical capital...
Persistent link: https://www.econbiz.de/10013154977
This paper studies whether promoting entrepreneurship is always growth-enhancing under a dynamic general-equilibrium framework in which agents differ in their risk attitude. Less risk averse agents become entrepreneurs who contribute to economic growth through a product variety effect. Workers,...
Persistent link: https://www.econbiz.de/10012710758
The introduction of the gig economy creates opportunities for would-be entrepreneurs to supplement their income in downside states of the world, and provides insurance in the form of an income fallback in the event of failure. We present a conceptual framework supporting the notion that the gig...
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