Entrepreneurship, 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 that yields predictions that can be tested on cross-sectional data with exogenous variation in liquidity...
|Place of publication:||
|Data of publication:||2007/02|
Social and Economic Dimensions of an Aging Population Research Papers
|Online Access:||available in Bonn?|
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