Entrepreneurship, windfall gains and financial constraints: Evidence from Germany
نویسندگان
چکیده
منابع مشابه
Entrepreneurship, Windfall Gains and Financial Constraints: The Case of Germany
In this paper we investigate the link between entrepreneurship and financial constraints. We develop a dynamic partial equilibrium model of an individual utility maximization that predicts that the person is more likely to start her business when financial constraints are eased. We test this hypothesis using German Socio-Economic Panel data covering the periods 2000–2002 and measure release fro...
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ژورنال
عنوان ژورنال: Economic Modelling
سال: 2011
ISSN: 0264-9993
DOI: 10.1016/j.econmod.2011.05.010