measure ‘income’). This is the case even when estimating individual fixed effects of the differential returns to education for …/or whether we use instrumental variables to cope with the endogenous nature of education in income equations. Finally, we find …

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 …

the status of the entrepreneur. For reasons outlined in the introduction, this study focuses on (800) students in the … Netherlands. We find that the status of occupations is mostly determined by the required level of education, the income level to …

of schooling in developing economies raises enterprise income by an average of 5.5 percent, which is close to the average …

generates a higher income, but only for entrepreneurs: This finding supports Lazear's Jack-of-all-Trades theory. …