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The Returns to Education for Opportunity Entrepreneurs, Necessity Entrepreneurs, and Paid Employees
Fossen, Frank M.; Büttner, Tobias J. M. - Forschungsbasierte Infrastruktureinrichtung … - 2012
We assess the relevance of formal education for the productivity of the self-employed and distinguish between opportunity entrepreneurs, who voluntarily pursue a business opportunity, and necessity entrepreneurs, who lack alternative employment options. We expect differences in the returns to...
Persistent link: https://www.econbiz.de/10011128972
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Are Education and Entrepreneurial Income Endogenous and Do Family Background Variables Make Sense as Instruments?: A Bayesian Analysis
Block, Jörn H.; Hoogerheide, Lennart F.; Thurik, A. Roy - Forschungsbasierte Infrastruktureinrichtung … - 2010
Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from …) income and of education. Using instrumental variables can provide a way out. However, three questions remain: whether … that the relationship between education and entrepreneurial income is indeed endogenous and that the impact of endogeneity …
Persistent link: https://www.econbiz.de/10008693473