Journal Articles

Contributions to Economic Analysis and Policy

Published by Berkeley Electronic Press info@bepress.com • ISSN: 15380645

1
Articles
Showing 1 - 1 of 1 articles from this journal

Cash constraints and business start-ups: Deutschmarks versus dollars

Article Open Access
In this paper we analyze microdata to explore differences in the rates at which American and German workers leave their salaried jobs to become self-employed. We document that the rate of self-employment is lower in Germany than in the United States, and the rate of transition from wage-earning to s…