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We examine returns to entrepreneurship using a standard measure of welfare, the percapita consumption expenditure. The …. -- entrepreneurship ; self-employment ; welfare ; developing countries ; quantile regressions …
Persistent link: https://www.econbiz.de/10003845146
Persistent link: https://www.econbiz.de/10009709947
We document two striking facts about U.S. firm dynamics and interpret their significance for aggregate employment dynamics. The first observation is the steady decline in the firm entry rate over the last thirty years, and the second is the gradual shift of employment from younger to older firms...
Persistent link: https://www.econbiz.de/10010459706
We study a model of network formation and start-up financing with endogenous entrepreneurial type distribution. A hub firm admits members to its network based on signals about entrepreneurs' types. Network membership is observable, which allows lenders to offer different interest rates to...
Persistent link: https://www.econbiz.de/10003974212
In this paper we extend models of market equilibrium from binary occupational choices of people with different entrepreneurial ability, to the realistic case that entrepreneurs can decide whether they hire workers and become employers or whether they become own account self-employed. We find...
Persistent link: https://www.econbiz.de/10014210621
Ramanna (this issue) argues that the FASB’s new Conceptual Framework deemphasizes reliability in favor of representational faithfulness to facilitate the FASB’s promotion of an “asset-liability” approach measured at fair values. More importantly, Ramanna argues that this change is likely...
Persistent link: https://www.econbiz.de/10013215996
Mounting empirical evidence shows that kids of self-employed parents are very likely to become entrepreneurs themselves. These findings are often attributed to the intergenerational transmission of parental norms and values. However, many papers in the field are not that explicit about parental...
Persistent link: https://www.econbiz.de/10009784009
conservation are considered less important. -- Entrepreneurship ; self-employment ; values ; culture ; motivations ; psychology …
Persistent link: https://www.econbiz.de/10003723096
Women’s entrepreneurship is increasingly important for creating new jobs and contributing to the social and economic … growth of their societies, yet the interplay and nuances of women’s entrepreneurship and culture are currently understudied … between gender and culture in shaping women’s entrepreneurship. We provide framework for women’s entrepreneurship and culture …
Persistent link: https://www.econbiz.de/10013245143
institutional contexts. However, most evidence exists for contexts with more or less entrepreneurship-facilitating and stable … framework conditions for entrepreneurship. In both contexts, entrepreneurs are challenged either by external resistance toward … literature is not an artefact of stable entrepreneurship-facilitating institutional framework conditions. …
Persistent link: https://www.econbiz.de/10012160399