@TechReport{iza:izadps:dp8981,
            	author={Sauer, Robert M. and Wilson, Tanya},
            	title={The Rise of Female Entrepreneurs: New Evidence on Gender Differences in Liquidity Constraints},
            	year={2015},
	month={Apr},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={8981},
            	url={https://www.iza.org/publications/dp8981},
	abstract={Small business activity and female entrepreneurship have become increasingly important features of the UK economy since the start of the Great Recession. In this paper, we re-examine the impact of liquidity constraints on new business formation in an instrumental variables framework, using a previously unexplored data set from the UK. The new results indicate that it is primarily single women that drive the well-established empirical relationship between personal wealth and business start-ups. Therefore, public policies specifically targeted at relieving the liquidity constraints of women could help further accelerate the rise of female entrepreneurship.},
	keywords={liquidity constraints;entrepreneurship},
            }