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Searched for: [ Keywords: "Homeownership" ] clear all
Journal Article
The reasons that younger homeowners are less likely to become entrepreneurs: The role of capital constraints
by Mingzhi Hu  and  Xiaoshuang Li
Considering that housing is the single biggest asset for most households, owning a home may create barriers to entrepreneurship for young people who generally accumulate relatively little wealth due to a short-term career and low income. Using longitudinal data from the China Family Panel Studies (CFPS) survey, our empirical work suggests that homeowners are associated with sig [...] Read more