劳动经济学workshop: Demographics and Entrepreneurship

发布日期:2015-12-04 10:55    来源:北京大学国家发展研究院

Labor Workshop

Time: 12月4日(周五)14:00-15:30

Room: 万众楼小教室

Speaker: 王辉(光华管理学院)

简介:王辉,北京大学光华管理学院助理教授,北京大学经济政策研究所副所长。2010年毕业于多伦多大学,获经济学博士学位。研究领域涉及产业组织,发展经济学以及应用计量经济学。

Paper title: Demographics and Entrepreneurship Co-Authors: James Liang, Peking University, and Edward Lazear, Stanford University   Abstract: Entrepreneurship requires creativity and business acumen.  Creativity may decline with age, but business skills increase with experience in high level positions.  Having too many older workers in society slows entrepreneurship.  Not only are older workers less innovative, but more significant is that when older workers occupy key positions they  block younger workers from acquiring business skills.  A formal theoretical structure is presented and tested using the Global Entrepreneurship Monitor data.  The results imply that a one standard deviation decrease in the median age of a country increases the rate of new business formation by 2.5 percentage points, which is about forty percent of the mean rate.  Furthermore, older societies have lower rates of entrepreneurship at every age.


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