Simulation of Public Cash Transfer Programs on US Entrepreneurs' Financing Constraint
Fuente:
arXiv
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| Autor principal: | |
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| Formato: | Preprint |
| Publicado: |
2024
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| Acceso en línea: | |
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| _version_ | 1866909317260640256 |
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| author | Wu, Liukun |
| author_facet | Wu, Liukun |
| contents | In this paper, I conduct a policy exercise about how much the introduction of a cash transfer program as large as a Norwegian-sized lottery sector to the United States would affect startups. The key results are that public cash transfer programs (like lottery) do not increase much the number of new startups, but increase the size of startups, and only modestly increase aggregate productivity and output. The most important factor for entrepreneurs to start new businesses is their ability. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2409_09955 |
| institution | arXiv |
| publishDate | 2024 |
| record_format | arxiv |
| spellingShingle | Simulation of Public Cash Transfer Programs on US Entrepreneurs' Financing Constraint Wu, Liukun General Economics Economics Applications In this paper, I conduct a policy exercise about how much the introduction of a cash transfer program as large as a Norwegian-sized lottery sector to the United States would affect startups. The key results are that public cash transfer programs (like lottery) do not increase much the number of new startups, but increase the size of startups, and only modestly increase aggregate productivity and output. The most important factor for entrepreneurs to start new businesses is their ability. |
| title | Simulation of Public Cash Transfer Programs on US Entrepreneurs' Financing Constraint |
| topic | General Economics Economics Applications |
| url | https://arxiv.org/abs/2409.09955 |