Hamilton, Barton H.; Papageorge, Nicholas W.; Pande, Nidhi - In: Quantitative Economics 10 (2019) 2, pp. 643-691
We construct a structural model of entry into self‐employment to evaluate the impact of policies supporting entrepreneurship. Previous work has recognized that workers may opt for self‐employment due to the nonpecuniary benefits of running a business and not necessarily because they are good...