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Published in 2018 at "Small Business Economics"
DOI: 10.1007/s11187-017-9915-1
Abstract: This article analyzes an occupational choice model with risk-averse agents who are heterogeneous in terms of skills and wealth in a setting with financial frictions. We show that high- and middle-wealth individuals endowed with a…
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Keywords:
skills financing;
wealth;
wealth individuals;
entrepreneurship skills ... See more keywords