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Business Survival and Success of Young Small Business Owners
Praag, C. Mirjam van - Tinbergen Instituut - 2003
Little empirical evidence provides insight in person-oriented drivers of business survival and success of small … business owners. In this paper I perform a duration analysis of business survival amongst young white (selfemployed) small … survival are derived from recent empirical evidence in related studies. The potential drivers of success are also derived from …
Persistent link: https://www.econbiz.de/10011256160
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Instrumental Variable Estimation for Duration Data
Bijwaard, Govert E. - Tinbergen Instituut - 2008
In this article we develop an Instrumental Variable estimation procedure that corrects for possible endogeneity of a variable in a duration model. We assume a Generalized Accelerated Failure Time (GAFT) model. This model is based on transforming the durations and assuming a distribution for...
Persistent link: https://www.econbiz.de/10011256674
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Education and Health: The Role of Cognitive Ability
Bijwaard, Govert; Kippersluis, Hans van; Veenman, Justus - Tinbergen Instituut - 2013
years gain in life expectancy, on average. Decomposition results suggest that the raw survival differences between …
Persistent link: https://www.econbiz.de/10011257088
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The Multi-State Latent Factor Intensity Model for Credit Rating Transitions
Koopman, Siem Jan; Lucas, André; Monteiro, André - Tinbergen Instituut - 2005
A new empirical reduced-form model for credit rating transitions is introduced. It is a parametric intensity-based duration model with multiple states and driven by exogenous covariates and latent dynamic factors. The model has a generalized semi-Markov structure designed to accommodate many of...
Persistent link: https://www.econbiz.de/10011255831
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Returns for Entrepreneurs versus Employees: The Effect of Education and Personal Control on the Relative Performance of Entrepreneurs vis-a-vis Wage Employees
Praag, Mirjam van; Witteloostuijn, Arjen van; Sluis, … - Tinbergen Instituut - 2009
How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that...
Persistent link: https://www.econbiz.de/10011256522
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Entrepreneurship Selection and Performance
Sluis, Justin van der; Praag, Mirjam van; Vijverberg, Wim - Tinbergen Instituut - 2003
This meta-analytical review of empirical studies of the impact of schooling on entrepreneurship selection and performance in developing economies looks at variations in impact across specific characteristics of the studies. A marginal year of schooling in developing economies raises enterprise...
Persistent link: https://www.econbiz.de/10011256702
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Schooling, Capital Constraints and Entrepreneurial Performance
Parker, Simon; Praag, Mirjam van - Tinbergen Instituut - 2004
We estimate the impact of schooling and capital constraints at the time of startup on the performance of Dutch entrepreneurial ventures, taking into account the potential endogeneity and interdependence of these variables. Instrumental variable estimates indicate that a 1 percentage point...
Persistent link: https://www.econbiz.de/10011257189
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Who values the Status of the Entrepreneur?
Praag, C. Mirjam van - Tinbergen Instituut - 2009
Parker and Van Praag (2009) showed, based on theory, that the group status of the profession ‘entrepreneurship’ shapes people’s occupational preferences and thus their choice behavior. The current study focuses on the determinants and consequences of the group status of a profession,...
Persistent link: https://www.econbiz.de/10011257338
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Are Education and Entrepreneurial Income Endogenous and do Family Background Variables make Sense as Instruments? A Bayesian Analysis
Block, Joern H.; Hoogerheide, Lennart; Thurik, Roy - Tinbergen Instituut - 2010
See also 'Are Education and Entrepreneurial Income Endogenous?' in <I>Entrepreneurship Research Journal</I> (2012), 2(3), 1-27.<P> Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from endogeneity suspicion. For instance, ability and...</p></i>
Persistent link: https://www.econbiz.de/10011257490
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The Non-Parametric Identification of the Mixed Proportional Hazards Competing Risks Model
Abbring, Jaap H.; Berg, Gerard J. van den - Tinbergen Instituut - 2000
We prove identification of dependent competing risks models in which each risk has a mixed proportional hazard specification with regressors, and the risks are dependent by way of the unobserved heterogeneity, or frailty, components. We show that the conditions for non-parametric identification...
Persistent link: https://www.econbiz.de/10011256496