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The housing boom and selection into entrepreneurship

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Academic year: 2021

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Table 1: IV regressions of number of startups and jobs by startups on house price growth
Table 2: IV regressions for exit rate of startups Dependant Variable ER 2006 c,2004 ER 2006 c,2003 ∆HP I c 2002−2004 0.302 ∗∗  -(0.131) ∆HP I c 2002−2003 - 1.535 ∗∗ (0.621) p-value of 1st Stage 0.00 0.00 Observations 205 205
Table 3: IV regressions for exit rate of startups
Table 4: Probability of Exit as a function of ability ˆ µ i ˆ µ i −0.155 ∗∗ −0.172 ∗∗∗ (0.067) (0.061)
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