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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/10005004567
Since the Middle Ages the Jews have been engaged primarily in urban, skilled occupations, such as crafts, trade, finance, and medicine. This distinctive occupational selection occurred between the seventh and the ninth centuries in the Muslim Empire and then it spread to other locations. We...
Persistent link: https://www.econbiz.de/10005233730
This paper proposes that risk aversion encourages individuals to invest in balanced skill profiles, making them more likely to become entrepreneurs. By not having taken this possible linkage into account, previous research has underestimated the impacts both of risk aversion and balanced skills...
Persistent link: https://www.econbiz.de/10009395440
There are few studies on occupational choices in Germany, and the second generation occupational choice and mobility is even less investigated. Such research is important because occupations determine success in the labor market. In a country like Germany occupations also reflect a general...
Persistent link: https://www.econbiz.de/10005761866
The inter-related dynamics of dual job-holding, human capital and occupational choice between primary and secondary jobs are investigated, using a panel sample (1991-2005) of UK employees from the British Household Panel Survey (BHPS). A sequential profile of the working lives of employees is...
Persistent link: https://www.econbiz.de/10008565200
The purpose of this paper is to study the immigrant performance in France and the impacts on the natives by drawing on research findings from the existing academic literature on the economics of French migration. The research questions are: how do immigrants fare with respect to wages,...
Persistent link: https://www.econbiz.de/10005763913
In modern societies, people are often classified as "White Collar" or "Blue Collar" workers: that classification not only informs social scientists about the kind of work that they do, but also about their social standing, their social interests, their family ties, and their approach to life in...
Persistent link: https://www.econbiz.de/10004999160
An emerging literature argues that changes in the allocation of workplace "tasks" between capital and labor, and between domestic and foreign workers, has altered the structure of labor demand in industrialized countries and fostered employment polarization – that is, rising employment in the...
Persistent link: https://www.econbiz.de/10010648184
This paper documents the major features of Jewish economic history in the first millennium to explain the distinctive occupational selection of the Jewish people into urban, skilled occupations. We show that many Jews entered urban occupations in the eighth-ninth centuries in the Muslim Empire...
Persistent link: https://www.econbiz.de/10005566492
How and why does the firm size distribution differ across countries? Using two datasets covering more than 30 countries, this paper documents that several features of the firm size distribution are strongly associated with income per capita: the entrepreneurship rate and the fraction of small...
Persistent link: https://www.econbiz.de/10010884221