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Personal Bankruptcy Law, Wealth and Entrepreneurship: Theory and Evidence from the Introduction of a "Fresh Start"
personal bankruptcy law insolvency entrepreneurship fresh start
2012/11/1
A personal bankruptcy law that allows for a "fresh start" after bankruptcy reduces the individual risk involved in entrepreneurial activity. On the other hand, as risk shifts to creditors who recover ...
Entrepreneurship,Wealth,Liquidity Constraints,and Start-Up Costs
Entrepreneurship Wealth Liquidity Constraints Start-Up Costs
2009/11/6
Over the last two decades, self-employment and
entrepreneurship have attracted attention in public policy circles as
well as in labor economics. Self-employment is seen by many as a
form of employm...
