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Entrepreneurship, Wage Employment and Control in an Occupational Choice Framework
Douhan, Robin; Praag, Mirjam van - Tinbergen Instituut - 2009
We combine two empirical observations in a general equilibrium occupational choice model. The first is that entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second observation is that entrepreneurs enjoy higher returns to...
Persistent link: https://www.econbiz.de/10011256430
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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