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Credit Constraints and Productive Entrepreneurship in Africa
credit constraints productive entrepreneurship employment policies
2012/10/18
Limited access of entrepreneurs to credit constrains the creation and growth of private firms. In Africa, access to credit is particularly limited for small and medium enterprises (SMEs) due to unclea...
Risk, Balanced Skills and Entrepreneurship
entrepreneurship jack-of-all-trades risk human capital occupational choice
2012/10/18
This paper proposes that risk aversion encourages individuals to invest in balanced skill profiles, making them more likely to become entrepreneurs. By not having taken this possible linkage into acco...
This paper analyses the impact of a change in Australia's immigration policy, introduced in the mid-1990s, on migrants' probability of becoming entrepreneurs. The policy change consists of stricter en...
The Implications of Cultural Background on Labour Market Choices: The Case of Religion and Entrepreneurship
entrepreneurship self-employment religion culture Protestantism Catholicism
2012/10/22
We suggest a methodology for identifying the implications of alternative cultural and social norms embodied by religious denomination on labour market outcomes, by estimating the differential impact o...
Are the Self-Employed Really Jacks-of-All-Trades? Testing the Assumptions and Implications of Lazear's Theory of Entrepreneurship with German Data
entrepreneurship self-employed Germany
2012/10/19
Using a large representative German data set and various concepts of self-employment, this paper tests the "jack-of-all-trades" view of entrepreneurship by Lazear (AER 2004). Consistent with its theor...
Access to Justice and Entrepreneurship: Evidence from Brazil's Special Civil Tribunals
access to justice courts entrepreneurship institutions Brazil
2012/10/24
Entrepreneurship is usually identified as an important determinant of aggregate productivity and long-term growth. The determinants of entrepreneurship, nevertheless, are not entirely understood. A re...
Entrepreneurship, Economic Conditions, and the Great Recession
entrepreneurship great recession unemployment self-employment
2012/10/30
The "Great Recession" resulted in many business closings and foreclosures, but what effect did it have on business formation? On the one hand, recessions decrease potential business income and wealth,...