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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w25006 |
来源ID | Working Paper 25006 |
The Right Stuff? Personality and Entrepreneurship | |
Barton H. Hamilton; Nicholas W. Papageorge; Nidhi Pande | |
发表日期 | 2018-09-10 |
出版年 | 2018 |
语种 | 英语 |
摘要 | We construct a structural model of entry into self-employment to evaluate the impact of policies supporting entrepreneurship. Previous work has recognized that workers may opt for self-employment due to the non-pecuniary benefits of running a business and not necessarily because they are good at it. Other literature has examined how socio-emotional skills, such as personality traits, affect selection into self-employment. We link these two lines of inquiry. The model we estimate captures three factors that affect selection into self-employment: credit constraints, relative earnings and preferences. We incorporate personality traits by allowing them to affect sector-specific earnings as well as preferences. The estimated model reveals that the personality traits that make entrepreneurship profitable are not always the same traits driving people to open a business. This has important consequences for entrepreneurship policies. For example, subsidies for small businesses do not attract talented-but-reluctant entrepreneurs, but instead attract individuals with personality traits associated with strong preferences for running a business and low-quality business ideas. |
主题 | Labor Economics ; Labor Supply and Demand ; Labor Compensation |
URL | https://www.nber.org/papers/w25006 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582680 |
推荐引用方式 GB/T 7714 | Barton H. Hamilton,Nicholas W. Papageorge,Nidhi Pande. The Right Stuff? Personality and Entrepreneurship. 2018. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w25006.pdf(757KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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