Macrohistory Seminar – Mintra Dwarkasing (Erasmus University Rotterdam) Household Inequality, Entrepreneurial Dynamism and Corporate Financing

Household Inequality, Entrepreneurial Dynamism and Corporate Financing Economic theories provide conflicting hypotheses on how wealth inequality affects entrepreneurial dynamism and corporate financing. To empirically investigate its impact, we construct local measures of household wealth inequality based on financial rents, home equity, and 1880 farm land. We identify its effects on...

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