From unemployed to entrepreneur: The role of the absolute bequest motive
Using the British Household Panel Survey, this paper finds that inheritance has a concave effect on the hours worked by male entrepreneurs. Receiving an inheritance increases the labor supply of unemployed male entrepreneurs; however this effect becomes smaller for higher inheritances.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Douglas Holtz-Eakin & David Joulfaian & Harvey S. Rosen, 1992. "The Carnegie Conjecture: Some Empirical Evidence," NBER Working Papers 4118, National Bureau of Economic Research, Inc.
- Joulfaian, D. & Wilheim, M.O., 1992.
"Inheritance and Labor Supply,"
6-92-2, Pennsylvania State - Department of Economics.
- Larry E. Jones & Rodolfo E. Manuelli, 1990.
"Finite Lifetimes and Growth,"
NBER Working Papers
3469, National Bureau of Economic Research, Inc.
- Douglas Holtz-Eakin & David Joulfaian & Harvey S. Rosen, 1993. "The Carnegie Conjecture: Some Empirical Evidence," The Quarterly Journal of Economics, Oxford University Press, vol. 108(2), pages 413-435.
- Douglas Holtz-Eakin & David Joulfaian & Harvey S. Rosen, 1993.
"Entrepreneurial Decisions and Liquidity Constraints,"
NBER Working Papers
4526, National Bureau of Economic Research, Inc.
- Douglas Holtz-Eakin & David Joulfaian & Harvey S. Rosen, 1994. "Entrepreneurial Decisions and Liquidity Constraints," RAND Journal of Economics, The RAND Corporation, vol. 25(2), pages 334-347, Summer.
- Holtz-Eakin, D. & Joulfaian, D. & Rosen, H.S., 1992. "Entrepreneurial Decisions and Liquidity Constraints," Papers 129, Princeton, Department of Economics - Financial Research Center.
- Cipriani, Giam Pietro, 2000. "Growth with unintended bequests," Economics Letters, Elsevier, vol. 68(1), pages 51-53, July.
- Araujo, Jorge Thompson & Martins, Marco A. C., 1999. "Economic growth with finite lifetimes," Economics Letters, Elsevier, vol. 62(3), pages 377-381, March.
When requesting a correction, please mention this item's handle: RePEc:eee:ecolet:v:114:y:2012:i:1:p:120-123. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shamier, Wendy)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.