EconPapers    
Economics at your fingertips  
 

Who creates jobs in transition economies? The role of entrepreneurial risk preferences

Muzaffar Ahunov, Dilnavoz Abdurazzakova and Nurmukhammad Yusupov ()
Additional contact information
Nurmukhammad Yusupov: Solbridge International School of Business

Economics Bulletin, 2019, vol. 39, issue 3, 1876-1886

Abstract: Entrepreneurs create jobs, but hiring outsiders is a risky decision. In this paper, using a large cross-country survey data, we find that more risk-tolerant entrepreneurs indeed tend to hire outside labor. However, the relationship between risk tolerance and likelihood of hiring appears to be non-monotonic in transition economies. We offer both demand and supply side explanations for this result, which has important policy implications.

Keywords: entrepreneurs; risk preferences; demand for labor; hiring (search for similar items in EconPapers)
JEL-codes: J2 L2 (search for similar items in EconPapers)
Date: 2019-08-20
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.accessecon.com/Pubs/EB/2019/Volume39/EB-19-V39-I3-P176.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-19-00167

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().

 
Page updated 2019-11-06
Handle: RePEc:ebl:ecbull:eb-19-00167