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...
