Entrepreneurship, Wealth, Liquidity Constraints, and Start-Up Costs

Raquel Fonseca Benito, Pierre-Carl Michaud, Thepthida Sopraseuth

ResearchPosted on rand.org 2007Published in: Comparative Labor Law and Policy Journal, v. 28, no. 4, Summer 2007, p. 637-674

This paper focuses on the effect of liquidity constraints and startup costs on the relationship between wealth and fraction of entrepreneurs in an economy. The authors consider a model of heterogeneous agents with occupational choice.

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Document Details

  • Copyright: University of Illinois at Urbana-Champaign
  • Availability: Non-RAND
  • Year: 2007
  • Pages: 38
  • DOI: https://doi.org/10.7249/pubs
  • Document Number: EP-200706-23

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