{"title":"模拟公共现金转移计划对美国企业家融资约束的影响","authors":"Liukun Wu","doi":"arxiv-2409.09955","DOIUrl":null,"url":null,"abstract":"In this paper, I conduct a policy exercise about how much the introduction of\na cash transfer program as large as a Norwegian-sized lottery sector to the\nUnited States would affect startups. The key results are that public cash\ntransfer programs (like lottery) do not increase much the number of new\nstartups, but increase the size of startups, and only modestly increase\naggregate productivity and output. The most important factor for entrepreneurs\nto start new businesses is their ability.","PeriodicalId":501273,"journal":{"name":"arXiv - ECON - General Economics","volume":"40 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2024-09-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Simulation of Public Cash Transfer Programs on US Entrepreneurs' Financing Constraint\",\"authors\":\"Liukun Wu\",\"doi\":\"arxiv-2409.09955\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"In this paper, I conduct a policy exercise about how much the introduction of\\na cash transfer program as large as a Norwegian-sized lottery sector to the\\nUnited States would affect startups. The key results are that public cash\\ntransfer programs (like lottery) do not increase much the number of new\\nstartups, but increase the size of startups, and only modestly increase\\naggregate productivity and output. The most important factor for entrepreneurs\\nto start new businesses is their ability.\",\"PeriodicalId\":501273,\"journal\":{\"name\":\"arXiv - ECON - General Economics\",\"volume\":\"40 1\",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2024-09-16\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"arXiv - ECON - General Economics\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/arxiv-2409.09955\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"arXiv - ECON - General Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/arxiv-2409.09955","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Simulation of Public Cash Transfer Programs on US Entrepreneurs' Financing Constraint
In this paper, I conduct a policy exercise about how much the introduction of
a cash transfer program as large as a Norwegian-sized lottery sector to the
United States would affect startups. The key results are that public cash
transfer programs (like lottery) do not increase much the number of new
startups, but increase the size of startups, and only modestly increase
aggregate productivity and output. The most important factor for entrepreneurs
to start new businesses is their ability.
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