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来源类型Working Paper
规范类型报告
DOI10.3386/w25350
来源IDWorking Paper 25350
Selection into Entrepreneurship and Self-Employment
Ross Levine; Yona Rubinstein
发表日期2018-12-10
出版年2018
语种英语
摘要We study the effects of ability and liquidity constraints on entrepreneurship. We develop a three sector Roy model that differentiates between entrepreneurs and other self-employed to address puzzling gaps that have emerged between theory and evidence on entry into entrepreneurship. The model predicts—and the data confirm—that entrepreneurs are positively selected on highly-remunerated human capital, but other self-employed are negatively selected on those same abilities; entrepreneurs are positively selected on collateral, but other self-employed are not; and entrepreneurship is procyclical, but self-employment is countercyclical.
主题Macroeconomics ; Business Cycles ; Labor Economics ; Labor Supply and Demand ; Industrial Organization ; Firm Behavior
URLhttps://www.nber.org/papers/w25350
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/583023
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GB/T 7714
Ross Levine,Yona Rubinstein. Selection into Entrepreneurship and Self-Employment. 2018.
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