Showing 1 - 8 of 8
a positive relationship between an individual's potential payoffs in working and in entrepreneurship. If some firms … consequence, the entrepreneurship rate falls with income per capita, average firm size and firm size dispersion increase with … income per capita, and "entrepreneurship out of necessity" falls with income per capita. The paper also documents, for two of …
Persistent link: https://www.econbiz.de/10008678689
-adjusted measure of risk preferences in the domain of work to investigate the link between risk aversion and entrepreneurship in … significant negative relationship between risk aversion and entrepreneurship. In addition, our results show that the use of …
Persistent link: https://www.econbiz.de/10010959623
: the entrepreneurship rate and the fraction of small firms fall with per capita income across countries, while average firm …'s potential payoffs in working and in entrepreneurship. If some firms consistently benefit more from technological progress than …
Persistent link: https://www.econbiz.de/10010884221
This paper analyses the impact of a change in Australia's immigration policy, introduced in the mid-1990s, on migrants' probability of becoming entrepreneurs. The policy change consists of stricter entry requirements and restrictions to welfare entitlements. The results indicate that those who...
Persistent link: https://www.econbiz.de/10009403371
-employment and entrepreneurship and their economic success. Particular attention is paid to the role of legal status at entry in the …
Persistent link: https://www.econbiz.de/10005762301
Economically active people are either in gainful employment, are unemployed or selfemployed. We are interested in the dynamics of the transitions between these states across the business cycle. It is generally perceived that employment or self-employment are absorbing states. However,...
Persistent link: https://www.econbiz.de/10005762371
A simple occupational choice model is used to predict that entrepreneurs who found new firms are more likely to work for small than for large firms prior to start-up. The mechanism underlying the result is heterogeneous risk aversion. The model also predicts a positive association between new...
Persistent link: https://www.econbiz.de/10005763463
"Entrepreneurs out of necessity" identified by the Global Entrepreneurship Monitor survey are a sizeable group across …
Persistent link: https://www.econbiz.de/10008536016