• William Kerr


Social Networks, Ethnicity, and Entrepreneurship. William Kerr, July 11, 2015, Paper. "We study the relationship between ethnicity, occupational choice, and entrepreneurship. Immigrant groups in the United States tend to cluster in very specific business sectors. For example, Koreans are 40 times more likely than other immigrants to operate dry cleaning shops, and Gujarati-speaking Indians are 70 times more likely to manage motels. We develop a model of social interactions where relationships facilitate the acquisition of sector-specific skills. The resulting scale economies generate occupational..."