TY  - RPRT
        AU  - Stuetzer, Michael
AU  - Brodeur, Abel
AU  - Obschonka, Martin
AU  - Audretsch, David
AU  - Rentfrow, Peter J.
AU  - Potter, Jeff
AU  - Gosling, Samuel D.
        TI  - A Golden Opportunity: The Gold Rush, Entrepreneurship and Culture
        PY  - 2021/Nov/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 14894
        UR  - https://www.iza.org/publications/dp14894
        AB  - We study the origins of entrepreneurship (culture) in the United States. For the analysis we make use of a quasi-natural experiment – the gold rush in the second part of the 19th century. We argue that the presence of gold attracted individuals with entrepreneurial personality traits. Due to a genetic founder effect and the formation of an entrepreneurship culture, we expect gold rush counties to have higher entrepreneurship rates. The analysis shows that gold rush counties indeed have higher entrepreneurship rates from 1910, when records began, until the present as well as a higher prevalence of entrepreneurial traits in the populace.
        KW  - gold rush
KW  - entrepreneurship
KW  - culture
        ER  -