All Outputs (5)

Schooling, capital constraints and entrepreneurial performance: the endogenous triangle (2006)
Journal Article
Parker, S., & van Praag, M. (2006). Schooling, capital constraints and entrepreneurial performance: the endogenous triangle. Journal of Business & Economic Statistics, 24(4), 416-431. https://doi.org/10.1198/073500106000000215

We estimate the impact of schooling and capital constraints at the time of startup on the performance of Dutch entrepreneurial ventures, taking into account the potential endogeneity and interdependence of these variables. Instrumental variable estim... Read More about Schooling, capital constraints and entrepreneurial performance: the endogenous triangle.

Learning about the unknown: How fast do entrepreneurs adjust their beliefs? (2006)
Journal Article
Parker, S. (2006). Learning about the unknown: How fast do entrepreneurs adjust their beliefs?. Journal of Business Venturing, 21(1), 1-26. https://doi.org/10.1016/j.jbusvent.2004.07.005

This paper seeks to measure the extent to which entrepreneurs adjust their beliefs in the light of new information, instead of relying on past experience to guide their decision making. We build a model in which entrepreneurs continually receive valu... Read More about Learning about the unknown: How fast do entrepreneurs adjust their beliefs?.

Wage uncertainty and the labour supply of self-employed workers (2005)
Journal Article
Parker, S., Barmby, T., & Belghitar, Y. (2005). Wage uncertainty and the labour supply of self-employed workers. The Economic Journal, 115(502), C190-C207. https://doi.org/10.1111/j.0013-0133.2005.00987.x

We analyse the effects of wage uncertainty on the labour supply of self-employed workers, using PSID data on self-employed American males. The standard deviation of past wages, as a measure of wage uncertainty, is the key determinant of male self-emp... Read More about Wage uncertainty and the labour supply of self-employed workers.

Explaining international variations in self-employment : Evidence from a panel of OECD countries (2004)
Journal Article
Parker, S., & Robson, M. (2004). Explaining international variations in self-employment : Evidence from a panel of OECD countries. Southern Economic Journal, 71(2), 287-301

Organisation for Economic Cooperation and Development (OECD) data from 1972 to 1996 reveals substantial differences in the levels and trends of self-employment rates across countries. This article uses recently developed panel integration and cointeg... Read More about Explaining international variations in self-employment : Evidence from a panel of OECD countries.

Asymmetric information, occupational choice and government policy (2003)
Journal Article
Parker, S. (2003). Asymmetric information, occupational choice and government policy. The Economic Journal, 113(490), 861-882. https://doi.org/10.1111/1468-0297.t01-1-00157

A model of credit markets under asymmetric information is proposed in which individuals differ in abilities that are valued in both entrepreneurship and paid employment. Unlike the heterogeneous ability model of de Meza and Webb (1987), over-investme... Read More about Asymmetric information, occupational choice and government policy.