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We argue that past events experienced during the critical ages of 18-25 can influence an individual's future entrepreneurship based on the "impressionable years hypothesis". Accordingly, we empirically investigate the relationship between bad economic conditions during youth and later-life...
Persistent link: https://www.econbiz.de/10012520526
We examine the short-term labour market effects of COVID-19 and the associated national lockdown in Australia by estimating person-fixed-effects models using the Longitudinal Labour Force Survey. COVID19 decreased labour force participation (LFP) by 2.1%, increased unemployment by 1.1% and...
Persistent link: https://www.econbiz.de/10012262287
An important question in representative democracies is how to ensure that politicians behave in the best interest of citizens rather than their own private interests. Aside from elections, one of the few institutional devices available to regulate the actions of politicians is their pay...
Persistent link: https://www.econbiz.de/10012114627