From unemployed to entrepreneur: The role of the absolute bequest motive

Joao Faria and Zhongmin Wu ()

Economics Letters, 2012, vol. 114, issue 1, 120-123

Abstract: Using the British Household Panel Survey, this paper finds that inheritance has a concave effect on the hours worked by male entrepreneurs. Receiving an inheritance increases the labor supply of unemployed male entrepreneurs; however this effect becomes smaller for higher inheritances.

Keywords: Entrepreneurship; Inheritance; Education (search for similar items in EconPapers)
JEL-codes: J22 J24 J64 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:114:y:2012:i:1:p:120-123

DOI: 10.1016/j.econlet.2011.09.019

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