Liquidity Constraints, Household Wealth, and Entrepreneurship
Author
Abstract
Suggested Citation
DOI: 10.1086/381478
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Evans, David S & Jovanovic, Boyan, 1989. "An Estimated Model of Entrepreneurial Choice under Liquidity Constraints," Journal of Political Economy, University of Chicago Press, vol. 97(4), pages 808-827, August.
- Kerwin Kofi Charles & Erik Hurst, 2003.
"The Correlation of Wealth across Generations,"
Journal of Political Economy, University of Chicago Press, vol. 111(6), pages 1155-1182, December.
- Kerwin Kofi Charles & Erik Hurst, 2002. "The Correlation of Wealth Across Generations," NBER Working Papers 9314, National Bureau of Economic Research, Inc.
- Fairlie, Robert W, 1999.
"The Absence of the African-American Owned Business: An Analysis of the Dynamics of Self-Employment,"
Journal of Labor Economics, University of Chicago Press, vol. 17(1), pages 80-108, January.
- Fairlie, Robert, 2014. "The Absence of the African-American Owned Business: An Analysis of the Dynamics of Self-Employment," Santa Cruz Department of Economics, Working Paper Series qt49c4n0fg, Department of Economics, UC Santa Cruz.
- Bruce D. Meyer, 1990. "Why Are There So Few Black Entrepreneurs?," NBER Working Papers 3537, National Bureau of Economic Research, Inc.
- Evans, David S & Leighton, Linda S, 1989. "Some Empirical Aspects of Entrepreneurship," American Economic Review, American Economic Association, vol. 79(3), pages 519-535, June.
- Joseph G. Altonji & Thomas A. Dunn, 2000.
"An Intergenerational Model of Wages, Hours, and Earnings,"
Journal of Human Resources, University of Wisconsin Press, vol. 35(2), pages 221-258.
- Joseph G. Altonji & Thomas A. Dunn, 1994. "An Intergenerational Model of Wages, Hours and Earnings," NBER Working Papers 4950, National Bureau of Economic Research, Inc.
- Engelhardt, Gary V., 1996. "House prices and home owner saving behavior," Regional Science and Urban Economics, Elsevier, vol. 26(3-4), pages 313-336, June.
- Juster, F. Thomas & Smith, James P. & Stafford, Frank, 1999.
"The measurement and structure of household wealth,"
Labour Economics, Elsevier, vol. 6(2), pages 253-275, June.
- F. Thomas Juster & James P. Smith & Frank Stafford, 2004. "The Measurement and Structure of Household Wealth," Labor and Demography 0402009, University Library of Munich, Germany.
- Tobias J. Moskowitz & Annette Vissing-Jørgensen, 2002.
"The Returns to Entrepreneurial Investment: A Private Equity Premium Puzzle?,"
American Economic Review, American Economic Association, vol. 92(4), pages 745-778, September.
- Tobias J. Moskowitz & Annette Vissing-Jorgensen, 2002. "The Returns to Entrepreneurial Investment: A Private Equity Premium Puzzle?," NBER Working Papers 8876, National Bureau of Economic Research, Inc.
- Fairlie, Robert W, 2014. "The Absence of the African-American Owned Business: An Analysis of the Dynamics of Self-Employment," Santa Cruz Department of Economics, Working Paper Series qt01s9z9tv, Department of Economics, UC Santa Cruz.
- Fairlie, Robert, 1999. "The Absence of the African-American Owned Business: An Analysis of the Dynamics of Self-Employment," Santa Cruz Department of Economics, Working Paper Series qt84v8v0nr, Department of Economics, UC Santa Cruz.
- Vincenzo Quadrini, 1999. "The Importance Of Entrepreneurship For Wealth Concentration And Mobility," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 45(1), pages 1-19, March.
- Barton H. Hamilton, 2000. "Does Entrepreneurship Pay? An Empirical Analysis of the Returns to Self-Employment," Journal of Political Economy, University of Chicago Press, vol. 108(3), pages 604-631, June.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Steffen Andersen & Kasper Meisner Nielsen, 2012.
"Ability or Finances as Constraints on Entrepreneurship? Evidence from Survival Rates in a Natural Experiment,"
Review of Financial Studies, Society for Financial Studies, vol. 25(12), pages 3684-3710.
- Andersen, Steffen & Nielsen, Kasper Meisner, 2012. "Ability or Finances as Constraints on Entrepreneurship? Evidence from Survival Rates in a Natural Experiment," Working Papers 03-2012, Copenhagen Business School, Department of Economics.
- Robert W. Fairlie & Harry A. Krashinsky, 2012.
"Liquidity Constraints, Household Wealth, And Entrepreneurship Revisited,"
Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 58(2), pages 279-306, June.
- Fairlie, Robert W. & Krashinsky, Harry A., 2006. "Liquidity Constraints, Household Wealth, and Entrepreneurship Revisited," IZA Discussion Papers 2201, Institute of Labor Economics (IZA).
- Robert W. Fairlie & Harry A. Krashinsky, 2012. "Liquidity Constraints, Household Wealth, and Entrepreneurship Revisited," CESifo Working Paper Series 3784, CESifo.
- Fairlie, Robert W. & Krashinsky, Harry A., 2011. "Liquidity Constraints, Household Wealth, and Entrepreneurship Revisited," Santa Cruz Department of Economics, Working Paper Series qt6hv0m2q6, Department of Economics, UC Santa Cruz.
- Popov, Alexander & Corradin, Stefano, 2013. "House prices, home equity and entrepreneurships," Working Paper Series 1544, European Central Bank.
- Nadia Simoes & Nuno Crespo & Sandrina B. Moreira, 2016.
"Individual Determinants Of Self-Employment Entry: What Do We Really Know?,"
Journal of Economic Surveys, Wiley Blackwell, vol. 30(4), pages 783-806, September.
- Simoes, Nadia & Moreira, Sandrina B. & Crespo, Nuno, 2013. "Individual Determinants of Self-Employment Entry – What Do We Really Know?," MPRA Paper 48403, University Library of Munich, Germany.
- Ross Levine & Yona Rubinstein, 2018.
"Selection into Entrepreneurship and Self-Employment,"
NBER Working Papers
25350, National Bureau of Economic Research, Inc.
- Rubinstein, Yona & Levine, Ross, 2020. "Selection into entrepreneurship and self-employment," LSE Research Online Documents on Economics 108462, London School of Economics and Political Science, LSE Library.
- Ross Levine & Yona Rubinstein, 2020. "Selection into entrepreneurship and self-employment," CEP Discussion Papers dp1722, Centre for Economic Performance, LSE.
- Levine, Ross & Rubinstein, Yona, 2020. "Selection into entrepreneurship and self-employment," CEPR Discussion Papers 15143, C.E.P.R. Discussion Papers.
- Stefano Corradin, 2013. "House Prices, Household Leverage, and Entrepreneurship," 2013 Meeting Papers 631, Society for Economic Dynamics.
- Earle, John S. & Sakova, Zuzana, 1999. "Entrepreneurship from Scratch: Lessons on the Entry Decision into Self-Employment from Transition Economies," IZA Discussion Papers 79, Institute of Labor Economics (IZA).
- Kevin B. Moore, 2004. "Do liquidity constraints matter for new entrepreneurs?," Finance and Economics Discussion Series 2004-42, Board of Governors of the Federal Reserve System (U.S.).
- Michael Hout & Harvey Rosen, 2000.
"Self-Employment, Family Background, and Race,"
Journal of Human Resources, University of Wisconsin Press, vol. 35(4), pages 670-692.
- Michael Hout & Harvey S. Rosen, 1999. "Self-Employment, Family Background, and Race," NBER Working Papers 7344, National Bureau of Economic Research, Inc.
- P. Köllinger & M. Minniti, 2006.
"Not for Lack of Trying: American Entrepreneurship in Black and White,"
Small Business Economics, Springer, vol. 27(1), pages 59-79, August.
- Philipp Köllinger & Maria Minniti, 2006. "Not for Lack of Trying: American Entrepreneurship in Black and White," Discussion Papers of DIW Berlin 574, DIW Berlin, German Institute for Economic Research.
- Robert W. Fairlie & Javier Miranda, 2017.
"Taking the Leap: The Determinants of Entrepreneurs Hiring Their First Employee,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 26(1), pages 3-34, February.
- Robert W. Fairlie & Javier Miranda, 2016. "Taking the Leap: The Determinants of Entrepreneurs Hiring their First Employee," NBER Working Papers 22428, National Bureau of Economic Research, Inc.
- Fairlie, Robert W & Miranda, Javier, 2016. "Taking the Leap: The Determinants of Entrepreneurs Hiring Their First Employee," Santa Cruz Department of Economics, Working Paper Series qt7mp406jc, Department of Economics, UC Santa Cruz.
- Robert W. Fairlie & Javier Miranda, 2016. "Taking the Leap: The Determinants of Entrepreneurs Hiring their First Employee," Working Papers 16-48, Center for Economic Studies, U.S. Census Bureau.
- Fairlie, Robert & Miranda, Javier, 2016. "Taking the Leap: The Determinants of Entrepreneurs Hiring their First Employee," Santa Cruz Department of Economics, Working Paper Series qt3z2945nj, Department of Economics, UC Santa Cruz.
- Robert W. Fairlie & Javier Miranda, 2016. "Taking the Leap: The Determinants of Entrepreneurs Hiring their First Employee," CESifo Working Paper Series 5836, CESifo.
- Fairlie, Robert W. & Miranda, Javier, 2016. "Taking the Leap: The Determinants of Entrepreneurs Hiring their First Employee," IZA Discussion Papers 9848, Institute of Labor Economics (IZA).
- Eric W. Bond & James Tybout & Hale Utar, 2015.
"Credit Rationing, Risk Aversion, And Industrial Evolution In Developing Countries,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 56(3), pages 695-722, August.
- Eric Bond & James R. Tybout & Hâle Utar, 2008. "Credit Rationing, Risk Aversion and Industrial Evolution in Developing Countries," NBER Working Papers 14116, National Bureau of Economic Research, Inc.
- James Tybout & Hale Utar & Eric Bond, 2009. "Credit Rationing, Risk Aversion and Industrial Evolution in Developing Countries," 2009 Meeting Papers 351, Society for Economic Dynamics.
- Robert W. Fairlie, 2013.
"Entrepreneurship, Economic Conditions, and the Great Recession,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 22(2), pages 207-231, June.
- Fairlie, Rob, 2011. "Entrepreneurship, Economic Conditions, and the Great Recession," Santa Cruz Department of Economics, Working Paper Series qt0x3809sf, Department of Economics, UC Santa Cruz.
- Robert W. Fairlie, 2013. "Entrepreneurship, Economic Conditions, and the Great Recession," CESifo Working Paper Series 4140, CESifo.
- Fairlie, Robert W., 2011. "Entrepreneurship, Economic Conditions, and the Great Recession," IZA Discussion Papers 5725, Institute of Labor Economics (IZA).
- Thai, Mai Thi Thanh & Turkina, Ekaterina, 2014. "Macro-level determinants of formal entrepreneurship versus informal entrepreneurship," Journal of Business Venturing, Elsevier, vol. 29(4), pages 490-510.
- Magnus Lofstrom & Timothy Bates, 2013.
"African Americans’ pursuit of self-employment,"
Small Business Economics, Springer, vol. 40(1), pages 73-86, January.
- Lofstrom, Magnus & Bates, Timothy, 2007. "African Americans' Pursuit of Self-Employment," IZA Discussion Papers 3156, Institute of Labor Economics (IZA).
- Robert W. Fairlie & Alicia Robb, 2007.
"Families, Human Capital, and Small Business: Evidence from the Characteristics of Business Owners Survey,"
ILR Review, Cornell University, ILR School, vol. 60(2), pages 225-245, January.
- Robert W. Fairlie & Alicia Robb, 2003. "Families, Human Capital, and Small Business: Evidence from the Characteristics of Business Owners Survey," Working Papers 871, Economic Growth Center, Yale University.
- Fairlie, Robert W & Robb, Alicia, 2005. "Families, Human Capital, and Small Business: Evidence from the Characteristics of Business Owners Survey," Santa Cruz Department of Economics, Working Paper Series qt6td6x9ht, Department of Economics, UC Santa Cruz.
- Fairlie, Robert W. & Robb, Alicia, 2004. "Families, Human Capital, and Small Business: Evidence from the Characteristics of Business Owners Survey," IZA Discussion Papers 1296, Institute of Labor Economics (IZA).
- Fairlie, Robert W. & Robb, Alicia, 2003. "Families, Human Capital, and Small Business: Evidence from the Characteristics of Business Owners Survey," Center Discussion Papers 28446, Yale University, Economic Growth Center.
- Robert W. Fairlie & Alicia Robb, 2004. "Families, Human Capital, and Small Business: Evidence from the Characteristics of Business Owners Survey," Yale School of Management Working Papers ysm435, Yale School of Management.
- Robert Fairlie & Alicia Robb, 2005. "Families, Human Capital, and Small Business: Evidence from the Characteristics of Business Owners Survey," Working Papers 05-07, Center for Economic Studies, U.S. Census Bureau.
- James R. Barth & Glenn Yago & Betsy Zeidman, 2006. "Stumbling blocks to entrepreneurship in low-and-moderate income communities," Proceedings: Community Affairs Dept. Conferences, Federal Reserve Bank of Kansas City, issue Jul, pages 91-155.
- Magnus Lofstrom, 2013.
"Does self-employment increase the economic well-being of low-skilled workers?,"
Small Business Economics, Springer, vol. 40(4), pages 933-952, May.
- Lofstrom, Magnus, 2009. "Does Self-Employment Increase the Economic Well-Being of Low-Skilled Workers?," IZA Discussion Papers 4539, Institute of Labor Economics (IZA).
- Robert W. Fairlie & Alicia M. Robb, 2007.
"Why Are Black-Owned Businesses Less Successful than White-Owned Businesses? The Role of Families, Inheritances, and Business Human Capital,"
Journal of Labor Economics, University of Chicago Press, vol. 25, pages 289-323.
- Fairlie, Robert W. & Robb, Alicia, 2004. "Why Are Black-Owned Businesses Less Successful than White-Owned Businesses? The Role of Families, Inheritances, and Business Human Capital," IZA Discussion Papers 1292, Institute of Labor Economics (IZA).
- Fairlie, Robert W & Robb, Alicia M., 2005. "Why Are Black-Owned Businesses Less Successful than White-Owned Businesses? The Role of Families, Inheritances, and Business Human Capital," Santa Cruz Department of Economics, Working Paper Series qt5gk2188g, Department of Economics, UC Santa Cruz.
- Robert Fairlie & Alicia Robb, 2005. "Why Are Black-Owned Businesses Less Successful than White-Owned Businesses? The Role of Families, Inheritances, and Business Human Capital," Working Papers 05-06, Center for Economic Studies, U.S. Census Bureau.
- Fairlie, Robert, 2014. "Why Are Black-Owned Businesses Less Successful than White-Owned Businesses? The Role of Families, Inheritances, and Business Human Capital," Santa Cruz Department of Economics, Working Paper Series qt86r7z28d, Department of Economics, UC Santa Cruz.
- Tino Sanandaji & Peter T. Leeson, 2013.
"Billionaires,"
Industrial and Corporate Change, Oxford University Press, vol. 22(1), pages 313-337, February.
- Leeson, Peter & Sanandaji, Tino, 2012. "Billionaires," Working Paper Series 893, Research Institute of Industrial Economics.
- Sanandaji, Tino & Leeson, Peter, 2013. "Billionaires," Working Papers 2012:18, Swedish Entrepreneurship Forum.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ucp:jpolec:v:112:y:2004:i:2:p:319-347. 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: . General contact details of provider: https://www.journals.uchicago.edu/JPE .
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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Journals Division (email available below). General contact details of provider: https://www.journals.uchicago.edu/JPE .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.