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Published in 2021 at "Review of Financial Studies"
DOI: 10.1093/rfs/hhab044
Abstract: We study the effect of personal wealth on entrepreneurial decisions using data on mineral payments from Texas shale drilling to individuals throughout the United States. Large cash windfalls increase business formation by 0.8 to 2.1…
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Keywords:
personal wealth;
business ownership;
business;
self employment ... See more keywords
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Published in 2022 at "Social Currents"
DOI: 10.1177/23294965221105664
Abstract: When debating the effect of undocumented immigrants on the economy, scholars often presume that undocumented immigrants are wage laborers rather than business owners. This study imputes the legal status of Mexican and Central American immigrants…
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Keywords:
business;
undocumented immigrants;
legal status;
business owners ... See more keywords