forgiving personal bankruptcy law are less relevant for wealthy potential entrepreneurs who still risk losing their wealth, but … tend not to face higher interest rates because they provide collateral. This paper illustrates these effects in a model and … tests the hypotheses derived by exploiting the introduction of a fresh start policy in Germany in 1999 as a natural …

forgiving personal bankruptcy law are less relevant for wealthy potential entrepreneurs who still risk losing their wealth, but … tend not to face higher interest rates because they provide collateral. This paper illustrates these effects in a model and … tests the hypotheses derived by exploiting the introduction of a "fresh start" policy in Germany in 1999 as a natural …

This paper explores the willingness of entrepreneurs to pay for wealth insurance to protect personal assets in case of … allow married firm owners in half of U.S. states to choose between asset protection and having more collateral for business … funding, allowing entrepreneurs to reveal their valuation for preserving personal assets at time of failure. I find that firm …

Women start fewer businesses than men. The start-up rate among women in Germany falls short of males' start-up rate by …-scale population survey on start-up activity in Germany. As a unique feature, the data combine socio-demographic characteristics … educational attainments of potential entrepreneurs do thus not suffice to increase the number of female business starters. …

entrepreneurship in Germany between 1991 and 2010, the first two decades after reunification. We investigate the socioeconomic … increase in self-employment in Germany by 40 percent which can partly be attributed to the transformation process of East … Germany and to the shift to the service sector. We notice a yearly start-up rate of 1 percent among the working population …

entrepreneurs are 'rooted' in place. This paper tests the 'residential rootedness'-hypothesis of self-employment by examining for … Germany and the UK whether the self-employed are less likely to move or migrate than employees. Using longitudinal data from … in employment status we found little evidence that the self-employed in Germany and the UK are more rooted in place than …

entrepreneurs with productive technologies, while firm growth depends on acquired capital. The shortage of collateral creates a …Limited access of entrepreneurs to credit constrains the creation and growth of private firms. In Africa, access to … that can be used as collateral. This paper presents a model where firm creation and growth hinge on matching potential …

prefer to have a salaried job but cannot find one; and divide salaried workers into want-to-be entrepreneurs and happy …-to-be salaried workers. Over 40 percent of migrant workers are either currently or want-to-be entrepreneurs. Both groups are very … similar in terms of risk taking preferences and network size. Want-to-be entrepreneurs however suffer from credit constraints …