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Why Are the Returns to Education Higher forEntrepreneurs than for Employees?
Sluis, Justin van der; Praag, Mirjam van; … - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
We compare the returns to education (RTE) for entrepreneurs and employees, based on 19waves of the NLSY database. By using instrumental variable techniques (IV) and takingaccount of selectivity, we find that the RTE are significantly higher for entrepreneurs than foremployees (18.3 percent and...
Persistent link: https://www.econbiz.de/10005861838
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Returns for Entrepreneurs versus Employees: The Effect of Education and Personal Control on the Relative Performance of Entrepreneurs vis-a-vis Wage Employees
Praag, Mirjam van; Witteloostuijn, Arjen van; Sluis, … - Tinbergen Instituut - 2009
spells in entrepreneurship versus wage employment, thereby accounting for selectivity into entrepreneurial positions based on … control over the profitable employment of their human capital than wage employees. …
Persistent link: https://www.econbiz.de/10011256522