Found 48 article(s) for author 'William Kerr'

Income Inequality and Social Preferences for Redistribution and Compensation Differentials

Income Inequality and Social Preferences for Redistribution and Compensation Differentials. William R. Kerr, 2014, Paper. “In cross-sectional studies, countries with greater income inequality typically exhibit less support for government-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve along this pattern, a vicious cycle could form with reduced social concern amplifying primal increases in inequality due to forces like skill-biased technical change. Exploring movements around these long-term levels, however, this study finds…” Link

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The Consequences of Entrepreneurial Finance: Evidence from Angel Financings

The Consequences of Entrepreneurial Finance: Evidence from Angel Financings. William R. Kerr, January 2014, Paper. “This paper documents that ventures that are funded by two successful angel groups experience superior outcomes to rejected ventures: they have improved survival, exits, employment, patenting, web traffic, and financing. We use strong discontinuities in angel funding behavior over small changes in their collective interest levels to implement a regression discontinuity approach. We confirm the positive effects for venture operations…” Link Verified October 11, 2014

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Clusters of Entrepreneurship and Innovation

Clusters of Entrepreneurship and Innovation. William R. Kerr, Edward Glaeser, 2014, Book Chapter. “This chapter reviews recent academic work on the spatial concentration of entrepreneurship and innovation in the United States. We discuss rationales for the agglomeration of these activities and the economic consequences of clusters. We identify and discuss policies that are being pursued in the United States to encourage local entrepreneurship and innovation. While arguments exist for and against policy support of entrepreneurial clusters, our understanding of what works and how it works is quite limited…” Link

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Entrepreneurial Finance Lab: Scaling an Innovative Start-up Financing Venture

Entrepreneurial Finance Lab: Scaling an Innovative Start-up Financing Venture. William R. Kerr, Joan Farre-Mensa, January 2014, Case. “EFL provides credit-scoring services in developing countries using psychometric assessment, but the potential loss of a large customer makes them reconsider their scaling narrative…” May require purchase or user account. Link Verified October 11, 2014

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Heterogeneous Technology Diffusion and Ricardian Trade Patterns

Heterogeneous Technology Diffusion and Ricardian Trade Patterns. William R. Kerr, November 2013, Paper. “This study tests the importance of Ricardian technology differences for international trade. The empirical analysis has three comparative advantages: including emerging and advanced economies, isolating panel variation regarding the link between productivity and exports, and exploiting heterogeneous technology diffusion from immigrant communities in the United States for identification…” Link

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Homestrings, Inc.: Diaspora-Based Financing and the Crowd Funding of Development

Homestrings, Inc.: Diaspora-Based Financing and the Crowd Funding of Development. William R. Kerr, September 2013, Case. “Homestrings is an online investment platform for overseas diasporas to link financially with their home countries. The founder believes crowd-funding can become a pillar for development, but U.S. regulatory hurdles and resources constraints are substantial. The company is considering targeting non-diaspora investors, introducing new products like insurance or banking, and related expansion strategies…” May require purchase or user account. Link Verified October 11, 2014

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Entrepreneurship and Urban Growth: An Empirical Assessment with Historical Mines

Entrepreneurship and Urban Growth: An Empirical Assessment with Historical Mines. William R. Kerr, Edward Glaeser, September 2013, Paper. “Measures of entrepreneurship, such as average establishment size and the prevalence of start-ups, correlate strongly with employment growth across and within metropolitan areas, but the endogeneity of these measures bedevils interpretation. Chinitz (1961) hypothesized that coal mines near Pittsburgh led that city to specialization in industries, like steel, with significant scale economies and that those big firms led to a dearth of entrepreneurial human capital across several generations…” Link

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Diasporas and Outsourcing: Evidence from oDesk and India

Diasporas and Outsourcing: Evidence from oDesk and India. William R. Kerr, August 26, 2013, Paper. “This study examines the role of the Indian diaspora in the outsourcing of work to India. Our data are taken from oDesk, the world’s largest online platform for outsourced contracts, where India is the largest country in terms of contract volume. We use an ethnic name procedure to identify ethnic Indian users of oDesk in other countries around the world. We find very clear evidence that diaspora-based links matter on oDesk, with ethnic Indians in other countries 32% (9 percentage points) more likely to choose a worker in India..” Link Verified October 11, 2014

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U.S. High-Skilled Immigration, Innovation, and Entrepreneurship: Empirical Approaches and Evidence

U.S. High-Skilled Immigration, Innovation, and Entrepreneurship: Empirical Approaches and Evidence. William R. Kerr, August 2013, Paper. “High-skilled immigrants are a very important component of U.S. innovation and entrepreneurship. Immigrants account for roughly a quarter of U.S. workers in these fields, and they have a similar contribution in terms of output measures like patents or firm starts. This contribution has been rapidly growing over the last three decades…” Link Verified October 12, 2014

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