By Douglas Holtz-Eakin, Harvey S. Rosen
Entrepreneurship has been a topic of a lot contemporary dialogue between teachers and policymakers as a result of the trust that it invigorates the economic system — generating higher productiveness, extra jobs, and better financial development. President George W. Bush promoted his monetary plan through pointing to its encouragement of entrepreneurship. but, regardless of its value, the subject of entrepreneurship is underrepresented within the economics literature. The participants to Public coverage and the Economics of Entrepreneurship learn various features of entrepreneurship and its relation to public coverage to assist us achieve a greater knowing of the commercial position of marketers. The individuals, all trendy economists, first ponder what guidelines successfully inspire entrepreneurship, discussing a potential position for presidency in enterprise capital markets, the influence of the tax code's subsidy of medical health insurance for the self-employed, and the impression of banking deregulation on entrepreneurial task. members then study entrepreneurship in ''unexpected places'' — no longer small companies, yet huge pharmaceutical enterprises and nonprofit corporations. the ultimate essays discover the impression of entrepreneurship on inequality, statistical facts of upward mobility for self-employed blacks and Hispanics and discussing the influence on entrepreneurial task of regulations to minimize wealth inequality. The participants wish, via supplying a rigorous financial exam of entrepreneurship, to foster larger public rules that motivate and aid entrepreneurial task.
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When Bureaucrats Meet Entrepreneurs 21 Griliches, Z. 1992. The search for R&D spillovers. Scandinavian Journal of Economics 94 (Supplement): S29–S47. Hall, B. H. 1992. Investment and Research and Development at the Firm Level: Does the Source of Financing Matter? Working paper 409b, National Bureau of Economic Research. Hao, K. , and A. B. Jaffe. 1993. Effect of liquidity on firms’ R&D spending. Economics of Innovation and New Technology 2: 275–282. Himmelberg, C. , and B. C. Petersen. 1994. R&D and internal finance: A panel study of small firms in high-tech industries.
From column 4, this difference is significant at all conventional levels—a result that is consistent with previous research (Holtz-Eakin, Penrod, and Rosen 1996; Health Insurance Association of America 2003). As was suggested above, insurance can come from a variety of sources. Table 2 examines whether wage earners and the selfemployed differ with respect to where their insurance comes from, conditional on having insurance. Column 1 reports the conditional proportions of the entire sample with each type of insurance; columns 2 and 3 present the conditional proportions for wage earners and the self-employed, respectively.
1 percentage points less likely to have insurance than whites. There are substantial regional effects. 1 percentage points more likely. People who live in the south are about as likely to have insurance as those who live in the west. Health Status With the insurance results in hand, we now turn to the various health measures available in the MEPS. Column 2 of table 4 reports the results for the self-reported health measure. 00705. There is no statistically discernible difference in subjective evaluations of health between wage earners and the self-employed.