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Personal Wealth and Self-Employment

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NBER2020-06-01 更新2025-01-04 收录
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We examine how wealth windfalls affect self-employment decisions using data on cash payments from claims on Texas shale drilling to people throughout the United States. Individuals who receive large wealth shocks (greater than $50,000) have 51% higher self-employment rates. The increase in self

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2020-06-01
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