Who Creates New Firms When Local Opportunities Arise? /

New firm formation is a critical driver of job creation, and an important contributor to the responsiveness of the economy to aggregate shocks. In this paper we examine the characteristics of the individuals who become entrepreneurs when local opportunities arise due to an increase in local demand....

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Bibliographic Details
Main Author: Bernstein, Shai
Other Authors: Colonnelli, Emanuele, Malacrino, Davide, McQuade, Tim
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018.
Series:IMF Working Papers; Working Paper ; No. 2018/215
Subjects:
Online Access:Full text available on IMF