Gender and Sibling Dynamics in the Intergenerational Transmission of Entrepreneurship
研究发现父亲向女儿传递自雇创业的效应在有儿子时显著减弱，表明父母对儿子的人力资本投资挤占了女儿，若所有女儿都经历“只有姐妹”的传递水平，自雇性别差距可缩小约15%。
This project uses gender and sibling dynamics to explore the intergenerational transmission of entrepreneurship. I find that the transmission of self-employment from fathers to daughters is significantly reduced when there are sons in the family. I interpret this as evidence that the intergenerational transmission of entrepreneurship is driven, at least in part, by costly investments by parents, which can be crowded out by or redirected toward brothers. I investigate specific types of parental investments—transfers of money, businesses, and human capital—that potentially underlie this transmission and conclude that sons reduce human-capital acquisition by daughters. If all daughters of self-employed men experienced the “sisters-only” level of transmission, the overall gender gap in self-employment would be reduced by roughly 15%. This paper was accepted by Toby Stuart, entrepreneurship and innovation.