Entrepreneurship, Wealth, Liquidity Constraints and Start-up Costs
We study the effects of liquidity constraints and start-up costs on the relationship between wealth and the fraction of entrepreneurs in an economy. We develop a dynamic occupational choice model with endogenous wealth and entry into entrepreneurship. The model predicts that, with liquidity constrai...
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| Main Author: |
Fonseca, Raquel
Sopraseuth, Thepthida Michaud, Pierre-Carl |
|---|---|
| Format: | Paper |
| Language: | English |
| Place of publication: |
01.06.2007 |
| Related: |
Institute for the Study of Labor (IZA) |
| Data of publication: | 2007/06 |
| Series: |
IZA Discussion Papers |
| Subjects: | |
| Online Access: | available in Bonn? |
| Database: | RePEc IDEAS RePEc Database information Databases - DBIS |