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to funding increases the rate of entrepreneurship and that the effect is stronger for entrepreneurs who incorporate their … business, especially for those who were in the top decile of the wage distribution before unemployment. Among incorporated … distributions. Our findings suggest that financial constraints hamper growth-oriented entrepreneurship …
Persistent link: https://www.econbiz.de/10013492243
Principal-agent interactions in which the principal signals prosociality may achieve higher levels of trust and reciprocity if both parties care about social esteem. However, it is unclear whether such a separating equilibrium exists when the agent sends the signal first. This is relevant...
Persistent link: https://www.econbiz.de/10014344207
for money, but also for the future time commitments that entrepreneurship entails. Results from a lab-in-the-field study … entrepreneurship …
Persistent link: https://www.econbiz.de/10014345088
’ home countries affect entrepreneurship. We find that children of immigrants from more risk-loving cultures are more likely …This paper investigates impact of cultural origin on entrepreneurship. Using Swedish registry data on second …-generation immigrants and risk appetite measures from the Global Preference Survey (GPS), we investigate whether risk preferences in parents …
Persistent link: https://www.econbiz.de/10014348929
, regardless of the success threshold, fear of failure is negatively associated with entry into entrepreneurship. Our findings …
Persistent link: https://www.econbiz.de/10013030670
We study entrepreneurs' start-up financing from banks and local financiers. An informal network, whose membership cannot be observed by outsiders, conveys the good signals it gets about the hidden types of network entrepreneurs to local financiers, which are then reflected in different loan...
Persistent link: https://www.econbiz.de/10013111216
) from unemployment – i.e., the target group for entrepreneurship incentives – strongly increases the probability of … switching back to unemployment. Thus, entrepreneurship and higher education policies should be considered together in order to … – as related but distinct groups within entrepreneurship, this work analyzes the roles of different factors in …
Persistent link: https://www.econbiz.de/10014185542
Uncertainty and institutions are each vital concepts in entrepreneurship research. However, little work has been done …
Persistent link: https://www.econbiz.de/10012953716
. The income risk stems from a forced unemployment event, which occurs as an exponentially-distributed random shock. The …We develop a new approach for solving the optimal retirement problem for an individual with an unhedgeable income risk …
Persistent link: https://www.econbiz.de/10013007724
This paper shows how uninsurable unemployment risk is crucial to qualitatively and quantitatively match macro responses … behaviors, triggering a fall in aggregate demand and supply. These precautionary behaviors increase the unemployment risk of the … imperfectly insured households, who strengthen precautionary saving. When the feedback loop between unemployment risk and …
Persistent link: https://www.econbiz.de/10012296809