Estimating Entrepreneurial Jobs: Business Creation is Job Creation

How Elastic is the Job Creation Curve?∗

We use search and bargaining theory to develop an empirically tractable specification of the job creation curve and to derive an instrumental variable strategy to estimate and test its validity. We estimate the job creation curve using city-level observations for 1970-2007. We find that U.S. city-industry level labor market outcomes conform well to restrictions implied by search and bargaining ...

Job Creation and Destruction

Job Creation and Job Destruction in Argentina

J Jo ob b C Cr re ea at ti io on n a an nd d J Jo ob b D De es st tr ru uc ct ti io on n i in n A Ar rg ge en nt ti in na a Development Bank for the "Labor Markets and Globalization Conference", October 2003. We are grateful to Gustavo Marquez and Carolina Czastkiewicz for their useful comments and to Hugo Hopenhayn who kindly gave us the panel data for the years 1989 to 1995. We would also lik...

Designing a Model for Creation of Export Consortiain Business Cluster

Today, small and medium enterprises are considered as one of the main components of economic development for various reasons. To name a few, job creation, resource efficiency, the ability to enhance local technology, the ability to meet new needs, quick decision-making, and training successful managers will all lead to the growth and economic development of countries. Despite these benefits, sm...

Job Creation by the Self-employed: The Roles of Entrepreneurial and Financial Capital

The paper reports micro-econometric evidence on the factors that influence the ability of the small businesses to create employment. It uses data on self-employment from a British panel survey. In particular it investigates the contributions of financial and entrepreneurial capital to job creation. Housing wealth appears to be significantly associated with small business job creation. It appear...