SPOUSES, CHILDREN, AND ENTREPRENEURSHIP
研究家庭如何通过配偶和子女影响创业决策,发现婚姻和更多子女会降低创业进入率并提高企业平均规模。
Abstract We study the relationship between family and entrepreneurship decisions. Family influences entrepreneurship decisions via two channels: (i) Spouses work more in case of business failure and (ii) children increase the cost of failure. We use administrative matched owner–employer–employee–spouse data to estimate the predictions derived from our model. We find evidence that marriage decreases entry into entrepreneurship and increases average firm size, consistent with mechanism (ii) dominating the (i). Using direct information on children, we find that more children decrease entry into entrepreneurship and increase average firm size.