TY  - RPRT
        AU  - Sauer, Robert M.
AU  - Wilson, Tanya
        TI  - The Rise of Female Entrepreneurs: New Evidence on Gender Differences in Liquidity Constraints
        PY  - 2015/Apr/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 8981
        UR  - https://www.iza.org/publications/dp8981
        AB  - 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.
        KW  - liquidity constraints
KW  - entrepreneurship
        ER  -