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  • The housing boom and selection into entrepreneurship 

    Galindo da Fonseca, Joao; Pannella, Pierluca (Université de Montréal. Département de sciences économiques., 2019-05)
    We provide evidence that the boom in housing prices occurred in the early 2000 distorted the selection of individuals that opened a business. A simple model of collateral financing predicts an increase in entry into entrepreneurship for house-owners ...