From unemployed to entrepreneur: The role of the absolute bequest motive |
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| Authors: | João Ricardo FariaZhongmin Wu |
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| Institution: | a MPA Program, University of Texas at El Paso, USAb Nottingham Business School, Nottingham Trent University, UK |
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| 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. |
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| Keywords: | J22 J24 J64 |
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