Couverture de Ep 1. Housing Collateral and Entrepreneurship

Ep 1. Housing Collateral and Entrepreneurship

Ep 1. Housing Collateral and Entrepreneurship

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In our first episode, we unpack the findings of the 2015 Journal of Finance paper "Housing Collateral and Entrepreneurship" by Martin C. Schmalz, David A. Sraer, and David Thesmar. Drawing on data from France, the study explores how owning a home—particularly without a mortgage—can unlock entrepreneurial potential by easing credit constraints. We discuss how access to housing collateral influences not just the decision to start a business, but also its size and longevity.⁠Link to the paper⁠Disclaimer: This episode’s audio and transcript were generated using AI.


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