Little is known about why cohabiting couples have fewer children than married couples. Weexplore the factors that explain the difference in fertility between these two groups using aswitching regression analysis, which enables us to quantify the contribution of differentfactors through a...

Existing literature suggests that entrepreneurs with prior firm-founding experience have moreskills and social connections than novice entrepreneurs. Such skills and social connectionscould give experienced founders some advantage in the process of raising venture capital.This paper uses a large...

This paper presents a Schelling-type checkerboard model of residential segregation formulated as a spatial game. It shows that although every agent prefers to live in a mixed-race neighborhood, complete segregation is observed almost all of the time. A concept of tipping is rigorously defined,...