%0 Report
        %A Sauer, Robert M.
%A Wilson, Tanya
        %T The Rise of Female Entrepreneurs: New Evidence on Gender Differences in Liquidity Constraints
        %D 2015
        %8 2015 Apr
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 8981
        %U https://www.iza.org/publications/dp8981
        %X 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.
        %K liquidity constraints
%K entrepreneurship