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dc.contributor.authorGalindo da Fonseca, Joao
dc.contributor.authorPannella, Pierluca
dc.date.accessioned2019-05-22T12:27:46Z
dc.date.available2019-05-22T12:27:46Z
dc.date.issued2019-05
dc.identifier.urihttp://hdl.handle.net/1866/21920
dc.publisherUniversité de Montréal. Département de sciences économiques.fr
dc.titleThe housing boom and selection into entrepreneurshipfr
dc.typeArticlefr
dc.contributor.affiliationUniversité de Montréal. Faculté des arts et des sciences. Département de sciences économiques
dcterms.abstractWe 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 and, particularly, for individuals with lower entrepreneurial ability and higher probability of failure. We support the predictions of the model using panel data at the individual level including restricted access information on the MSA of residence of an individual. We combine this data with geographic information about house prices at the MSA level. We confirm that the increase in house prices had a larger impact on the decision of becoming an entrepreneur for lower ability house-owners.fr
dcterms.isPartOfurn:ISSN:0709-9231
dcterms.languageengfr
UdeM.VersionRioxxVersion publiée / Version of Recordfr
oaire.citationTitleCahier de recherche
oaire.citationIssue2019-03


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