Gareth Olds

Assistant Professor of Business Administration

​Gareth Olds is an Assistant Professor in the Entrepreneurial Management Unit at HBS. He teaches the required first-year Entrepreneurial Manager MBA course.

Professor Olds is an economist who researches how financial market frictions and exposure to uninsured risk affect lending, debt and entrepreneurship. His dissertation work examined the effect of public healthcare and income support programs such as SCHIP and Food Stamps on household firm formation. He also has work on the role of social capital in reducing credit market frictions and facilitating entrepreneurship; the effect of public healthcare on the labor supply available to start-ups; the impact of public healthcare programs on insurance crowd-out and medical innovation; and the impact of public finance, student loan debt and the rising cost of education on entrepreneurship.

Professor Olds earned his Ph.D. in Economics at Brown University in 2014, where he received the Merit Dissertation Fellowship, the National Science Foundation IGERT Fellowship, and the Graduate Teaching Award. He also holds an A.M. from Brown University and a B.A. from Whitman College in Walla Walla, Washington, where he was a member of Phi Beta Kappa. He is originally from Anchorage, Alaska.

Research

Working Papers

“Entrepreneurship and Public Health Insurance” (under review)
“Food Stamp Entrepreneurs” (under review)
“Immigrant Entrepreneurs and the Social Safety Net”
“Rethinking Insurance Crowd-Out: Evidence from SCHIP and Medicaid”

Research in Progress

“Student Loan Debt, Public Finance and Entrepreneurship”
“Public Health Insurance and the Supply of Start-Up Labor”
“Interpersonal Trust, Financial Market Frictions and Entrepreneurship” 

Press coverage

The Atlantic

http://www.theatlantic.com/politics/archive/2015/03/welfare-makes-america-more-entrepreneurial/388598/

Inc Magazine

http://www.inc.com/kimberly-weisul/the-surprising-connection-between-welfare-and-entrepreneurship.html​

Forbes

http://www.forbes.com/sites/hbsworkingknowledge/2014/09/02/food-stamp-entrepreneurs-how-public-assistance-enables-business-bootstrapping/

Bloomberg

http://www.bloombergview.com/articles/2015-01-26/social-safety-net-business-startups-and-risk-aversion

Milwaukee Sentinel

http://www.jsonline.com/business/small-businesses-supported-by-government-safety-net-b99371641z1-279668012.html​
​Gareth Olds is an Assistant Professor in the Entrepreneurial Management Unit at HBS. He teaches the required first-year Entrepreneurial Manager MBA course.

Professor Olds is an economist who researches how financial market frictions and exposure to uninsured risk affect lending, debt and entrepreneurship. His dissertation work examined the effect of public healthcare and income support programs such as SCHIP and Food Stamps on household firm formation. He also has work on the role of social capital in reducing credit market frictions and facilitating entrepreneurship; the effect of public healthcare on the labor supply available to start-ups; the impact of public healthcare programs on insurance crowd-out and medical innovation; and the impact of public finance, student loan debt and the rising cost of education on entrepreneurship.

Professor Olds earned his Ph.D. in Economics at Brown University in 2014, where he received the Merit Dissertation Fellowship, the National Science Foundation IGERT Fellowship, and the Graduate Teaching Award. He also holds an A.M. from Brown University and a B.A. from Whitman College in Walla Walla, Washington, where he was a member of Phi Beta Kappa. He is originally from Anchorage, Alaska.

Research

Working Papers

“Entrepreneurship and Public Health Insurance” (under review)
“Food Stamp Entrepreneurs” (under review)
“Immigrant Entrepreneurs and the Social Safety Net”
“Rethinking Insurance Crowd-Out: Evidence from SCHIP and Medicaid”

Research in Progress

“Student Loan Debt, Public Finance and Entrepreneurship”
“Public Health Insurance and the Supply of Start-Up Labor”
“Interpersonal Trust, Financial Market Frictions and Entrepreneurship” 

Press coverage

The Atlantic

http://www.theatlantic.com/politics/archive/2015/03/welfare-makes-america-more-entrepreneurial/388598/

Inc Magazine

http://www.inc.com/kimberly-weisul/the-surprising-connection-between-welfare-and-entrepreneurship.html​

Forbes

http://www.forbes.com/sites/hbsworkingknowledge/2014/09/02/food-stamp-entrepreneurs-how-public-assistance-enables-business-bootstrapping/

Bloomberg

http://www.bloombergview.com/articles/2015-01-26/social-safety-net-business-startups-and-risk-aversion

Milwaukee Sentinel

http://www.jsonline.com/business/small-businesses-supported-by-government-safety-net-b99371641z1-279668012.html​