Using the 1996-2001 Chilean CASEN Panel Survey, this paper analyzes the impact onincome of the switch from salaried employment to entrepreneurship (self-employment andleadership of micro-enterprises). By means of a difference-in-differences non-parametricmatching estimator the paper alleviates...

This paper examines to what extent recent empirical evidence can collectively andsystematically substantiate the claim that entrepreneurship has important economic value.Hence, a systematic review is provided that answers the question: What is the contribution ofentrepreneurs to the economy in...

The aim of this study is to evaluate employees’ productivity in relation to their contract status.This study uses (a) survey data collected among manufacturing sector firms, having morethan 15 employees, in Cameroon between April and May 2006 and (b) information issued bythe National Institute...

Persistent productivity gains to rural-urban migrants have been documented by a number ofresearchers. One interpretation of this result is that individuals learn higher value skills incities than they would have learned in less dense areas. Another explanation for this result,however, is that...

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...

One important concern of governments in developing countries is on how to phase-out largesafety nets programs. This paper evaluates the short run effects of one possible exit strategy,programs that promote self-employment, in Argentina. We provide evidence that a smallfraction of beneficiaries...

This paper proposes a theoretical framework to analyze the impacts of credit and technologyshocks on business cycle dynamics, where firms rely on banks and households for capitalfinancing. Firms are identical ex ante but differ ex post due to different realizations of firmspecific technology...