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for higher returns to human capital for entrepreneurs. -- Entrepreneurship ; ability ; occupational choice ; human capital … entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second … observation is that entrepreneurs enjoy higher returns to human capital than employees. We present an intuitive model showing that …
Persistent link: https://www.econbiz.de/10003860403
for higher returns to human capital for entrepreneurs. -- Entrepreneurship ; Ability ; Occupational Choice ; Human Capital … entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second … observation is that entrepreneurs enjoy higher returns to human capital than employees. We present an intuitive model showing that …
Persistent link: https://www.econbiz.de/10003872559
entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second … observation is that entrepreneurs enjoy higher returns to human capital than employees. We present an intuitive model showing that … for higher returns to human capital for entrepreneurs …
Persistent link: https://www.econbiz.de/10013158681
Households can borrow against equity through different channels, including home equity lines of credit (HELOCs), second liens, cash-out refinancing, and for senior homeowners, reverse mortgages. We use data from the New York Federal Reserve/Equifax Consumer Credit Panel, the U.S. Department of...
Persistent link: https://www.econbiz.de/10013015187
Households borrow against home equity through different types of mortgages: closed end home equity loans or revolving lines of credit, cash-out refinancing, and—for senior homeowners—reverse mortgages. The objective of this study is to identify how borrowing constraints and the lending...
Persistent link: https://www.econbiz.de/10012903634
Survey research finds that Millennials have less prejudiced views of racial/ethnic minorities than other generations, leading some to label Millennials as post-racial. However, attitudinal survey research may be subject to social desirability bias since it documents words instead of actions....
Persistent link: https://www.econbiz.de/10012846565
We study the effects of a unique lending program initiated by the Swedish government at the height of the financial crisis that allowed firms to suspend payment of all labor-related taxes and fees. Comprehensive administrative data on all Swedish firms show that firms borrowing from the program...
Persistent link: https://www.econbiz.de/10011300345
Business plan competitions can be a crucial factor to boost entrepreneurship through mitigating information and credit …
Persistent link: https://www.econbiz.de/10012836093
In the past few decades, commercial banks have substantially reduced the number of their branch offices. We address the question of whether or not the increased distance from the lenders correspondingly faced by many small and medium sized enterprises (SMEs) translates into a lower volume of...
Persistent link: https://www.econbiz.de/10012133067
We explore how financial constraints distort the entry decisions among otherwise productive entrepreneurs and limit … growth of promising young firms. A model of liquidity-constrained entrepreneurs suggests that the easing of credit …
Persistent link: https://www.econbiz.de/10014391287