Entrepreneurship: Cause and Consequence of Financial Optimism

Optimism and Entrepreneurship a Double – Edged Sword

4 THE OPTIMISTIC ENTREPRENEUR 5 1 OPTIMISM AND CREATIVE SOLUTIONS 8 2 OPTIMISM AND THE DECISION TO LAUNCH 11 3 OPTIMISM AND PLANNING 15 4 OPTIMISM AND THE PROCESS TOWARDS INNOVATION 18

Poverty as a cause and consequence of Ill health

Background and aims: Poverty is a multidimensional phenomenon that can be defined in both economic and social terms. The paper attempts to review the existing evidence to understand the relation between poverty and ill health in the context of the limited conceptual and operational definitions of these terms. The paper uses two of Hills criteria- reversibility and dose response relationship to ...

International Financial Integration and Entrepreneurship

We explore the relation between international financial integration and the level of entrepreneurial activity in a country. Researchers have stressed the role of new firm activity and economic dynamism on growth. Yet, the empirical effects of international capital mobility on entrepreneurial activity have received little attention in the literature albeit the ambiguous theoretical predictions a...

New Agendas in the Economics of Entrepreneurship: Optimism, Education, Wealth and Entrepreneurship

Bank CEO Optimism and the Financial Crisis∗

I test theories of the recent financial crisis by studying how banks’ pre-crisis investments connect to their CEOs’ beliefs. Using different proxies for beliefs, I find banks with larger housing investments and worse crisis performance had CEOs who were more optimistic ex ante. Banks with the most optimistic CEOs experienced 20 percentage points higher real estate loan growth, and 15 percentage...