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It's the Opportunity Cost, Stupid! How Self-Employment Responds to Financial Incentives of Return, Risk and Skew
entrepreneurship self-employment wage-employment income distribution income risk income skew income variance occupational choice labor market entry labor market segments opportunity cost
2012/10/19
There is no robust empirical support for the effect of financial incentives on the decision to work in self-employment rather than as a wage earner. In the literature, this is seen as a puzzle. We off...
Funding Self-Employment: The Role of Consumer Credit
small business finance consumer credit financial intermingling
2012/10/22
This paper investigates whether self-employed households use consumer loans – in particular instalment loans and overdrafts – to finance business activities. Controlling for financial and non-financia...
The 1990s showed a downward trend in self-employment rates, however, the fact that self-employment rates rise at older ages and that the baby-boom cohort is approaching retirement suggests that demogr...
Self-employment, entrepreneurship, and the nlsy79
Self-employment entrepreneurship National Longitudinal Survey
2009/4/1
Researchers have used the rich data from the 1979 cohort of the National Longitudinal Survey of Youth to investigate the relationship between self-employment and various job and earnings outcomes; fut...
Self-Employment and Earnings among High-Skilled Immigrants in the United States
Immigration assimilation self-employment high-skill
2013/10/17
This paper uses data from the 1980 and 1990 U.S. Censuses to analyze the labor market experience of high-skilled immigrants relative to high-skilled natives. Immigrants are found to be more likely to ...
Entrepreneurship from Scratch: Lessons on the Entry Decision into Self-Employment from Transition Economies
Entrepreneurship self-employment transition small business selection bias
2013/10/17
This paper exploits the rapid rise in self-employment rates in post-communist Eastern Europe as a valuable "quasi-experiment" for understanding the sources of entrepreneurship. A relative demand-suppl...