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Library/Human capital and performance after a leadership change

E6FT50

Sweat equity in U.S. private business

Bhandari, A., & McGrattan, E. R. (2021)

Quarterly Journal of Economics, 136(2), 727-781

Theory of sweat equity disciplined with US national accounts, business censuses and brokered sales. Sweat equity is valued at 1.2 times US GDP, and "for a typical owner, 26% of the sweat equity is transferable through inheritance or sale".

Sourcedoi:10.1093/qje/qjaa04171 citations (OpenAlex)

Full citation

Bhandari, A., & McGrattan, E. R. (2021). Sweat equity in U.S. private business. Quarterly Journal of Economics, 136(2), 727-781.

https://doi.org/10.1093/qje/qjaa041

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