dc.contributor.author
Gutiérrez-Romero, Roxana
dc.contributor.author
Méndez Errico, Luciana
dc.contributor.author
Universitat Autònoma de Barcelona. Departament d'Economia Aplicada
dc.identifier
https://ddd.uab.cat/record/145740
dc.identifier
urn:oai:ddd.uab.cat:145740
dc.description.abstract
We assess the extent to which historical levels of inequality affect the likelihood of businesses being created, surviving and of these creating jobs overtime. To this end, we build a pseudo-panel of entrepreneurs across 48 countries using the Global Entrepreneurship Monitor Survey over 2001-2009. We complement this pseudo-panel with historical data of income distribution and indicators of current business regulation. We find that in countries with higher levels of inequality in the 1700s and 1800s, businesses today are more likely to die young and create fewer jobs. Our evidence supports economic theories that argue initial wealth distribution influences countries' development path, having therefore important policy implications for wealth redistribution
dc.format
application/pdf
dc.publisher
Universitat Autònoma de Barcelona. Departament d'Economia Aplicada
dc.relation
Departament d'Economia Aplicada. Documents de treball ;
dc.rights
Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial, la distribució, i la comunicació pública de l'obra, sempre que no sigui amb finalitats comercials, i sempre que es reconegui l'autoria de l'obra original. No es permet la creació d'obres derivades.
dc.rights
https://creativecommons.org/licenses/by-nc-nd/3.0/
dc.subject
Creació de treball
dc.subject
Entrepreneurship
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Income distribution
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Instrumental variables
dc.title
The Long-term impact of inequality on entrepreneurship and job creation
